Casino revenue in Chile in October reached $39.6 million, which is 19.5% better than results noted in October, 2014. Additionally, the number of visitors jumped by 11% at 490,786, whereas the average spend grew for 7.7% to $55,802 Chilean pesos each.
In Chile there are 16 municipalities and 11 regions where casino industry is blooming. Gaming tax revenue paid to these municipalities and regions reached $6.6 million, while additional $2.2 million in taxes were generated on tax entrance fees. Gaming VAT accumulated by Chilean casinos was $6.3 million.
When it comes to gross revenue, the best results were once again recorded by the Monticello Grand Casino with its $7.406 billion that make up for 27.3% of the market share. Casino Rinconada holds the second biggest share of the market (14%) thanks to its GGR of $3.793 billion, while Marina del Sol is on the third place with 11.9% market share and $3.235 billion revenue.
Other five casinos whose revenue went over $1 billion were Enjoy Antofagasta ($2.740 billion), Dreams Temuco ($1.899 billion), Dreams Punta Arenas ($1.447 billion), Casino Sol Calama ($1.117 billion) and Gran Casino de Talca ($1.003 billion).
Other establishments noted smaller GGR ranging from $252 million (Enjoy Chiloe) to $997 million (Dreams Valdivia). Antay Casino & Hotel was the only other facility whose GGR was more than $900 million; the casino generated $917 million and holds 3.4% of the market.
Latest reports released by the Chilean Gaming Control Board (CGCB) revealed that the average payout on the 9,744 slot machines in October was 93.8% and the total amount wagered on the machines recorded $508.5 million. The prizes players won the month reached $477.1 million and thus the win for casino operators stood at $31.5 million.