Chileans Are Gambling More Often

Chileans are gambling at casinos more often and are spending more money during each visit, according to the latest figures from the Superintendent of Casinos and Gambling (SCJ). Between January and July of this year, Chileans spent an average of $28,000 pesos (US$52) per person each time they went to a casino – that’s a 13.2 percent increase compared to the same time last year.

Average spending shot up most noticeably in Chile’s three biggest casinos: In Casino Monticello Grand in Mostazal (Region VI) spending increased from US$68 to US$75, in Enjoy Antofagasta (Region II) from US$42 to US$55 and in Marina del Sol in Talcahuano (Region VIII) from US$35 to US$51.

Gross Revenue earned in casinos during the first half of 2009 increased by a dramatic 78.1 percent from 2008 figures, bringing the industry’s total 2009 gains to US$84.8 million.

The Chilean casino industry, made up of 13 casinos, is a fairly new and rapidly growing sector of the economy. According to the Superintendent Francisco Javier Leiva, the increase has to do with the marketing of casinos and gambling as an entertaining activity, rather than an industry.

George Garcelon, general manager of Casino Monticello Grand, the biggest casino in South America, agreed: “It’s all about entertainment.”

Investment in casino-related projects has increased 36 percent since 2008, from US$547.5 million to US$743.5 million.

Source. Santiago Times

Originally posted 2009-09-17 11:39:04. Republished by Blog Post Promoter

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