President Gabriel Boric of Chile has authorised amendments to Supreme Decree 1,722 concerning the management of municipal casino contracts. New articles added to the Supreme Decree will allow Chilean gambling groups to terminate their licences for municipal casino contracts without facing penalties or the payment of ‘guarantee bonds’. The resolution was introduced by Minister of Finance, Mario Marcel Cullell, who …
Read More »Tag Archives: Enjoy SA
Logrand eyes Chile M&A of in limbo Enjoy Casinos
M&A speculation mounts in Chile, as Mexican gambling group Logrand Entertainment mulls over acquiring Enjoy SA. As reported by local media, Logrand is monitoring Enjoy developments closely following the Chilean casino group’s failed merger attempt with main market rival Grupo Dreams SA. Back in April, Chile’s Competition Authority (FNE) intervened on the Enjoy and Dreams merger that would have formed …
Read More »