Chile reports record gaming revenue in October

| By Marese O'Hagan
Chile’s casino regulator, the Superintendencia de Casinos de Juego (SCJ) has reported record tax contributions of CLP$16.85bn (£15.0m/€17.6m) from the sector for the month of October, as gaming revenue also hit a new high.

This is the highest tax contribution since 2008, thanks to casinos generating gross gaming revenue (GGR) of CLP$54.9bn throughout the month.

All 26 of Chile’s casinos were in operation throughout October, with a total of 551,840 visits from patrons. This was the first month that all 26 casinos operated since the beginning of the novel coronavirus (Covid-19) pandemic in March 2020.

The SCJ noted that the casinos were operating at a reduced capacity due to the pandemic.

A total of CLP$7.75bn of the contribution came from Chile’s casino tax. VAT from gambling totalled at $7.37bn, while income tax came to CLP$1.72bn.

The Sun Monticello made the highest contributions, paying CLP$1.07bn in tax to its regional government and the same amount in municipal tax.

The Enjoy Viña del Mar casino contributed CLP$445.5m to its regional government and in municipal tax.

Meanwhile, the Marina del Sol Talcahuano casino contributed the third highest amount, with CLP$388.8m paid to both its regional government and in municipal tax.

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