Noticias de ultima
  • 12.00 CPI summons former referee on suspicion of match-fixing
  • 12.00 BIS SiGMA Americas co-founder calls for legalisation of land-based casinos in Brazil
  • 12.00 The acquisition of Neogames by Aristocrat has been finalized
  • 12.00 Novomatic's innovative offerings and market insights: a recap of our presence at GAT Expo 2024
  • 12.00 Alfastreet Gaming and Ludi: Partners in Cogit Group Casino Excellence
  • 12.00 Miguel Ángel Ochoa in GAT: "No casino has been closed due to money laundering or drug-related issues"
  • 12.00 CGS Santiago, an Xpo360: The immersive Gaming experience returns to Chile
  • 12.00 CT Gaming is participating in the latest edition of Belgrade Future Gaming Show
  • 12.00 Galaxsys Ninja Crash Lands Most Played Game
  • 12.00 Successful Exhibition for Merkur Gaming at GAT Cartagena
Legislation

Tax contribution of gambling casinos by law N°19.995 reached usd 203 million in 2023 in Chile

Friday 16 de February 2024 / 12:00

2 minutos de lectura

(Santiago de Chile).- The annual collection is distributed in usd 86.45m paid by the 19.995 casinos that are destined to the communes and regional governments in which they are located, usd 84 million in gaming VAT and usd30.97 million in entrance taxes.

Tax contribution of gambling casinos by law N°19.995 reached usd 203 million in 2023 in Chile
  • The 25 gaming casinos operating in the country recorded gross gaming revenues (win) of usd 534 million in 2023, which, in real terms, were 9.1 per cent higher than in 2022.
  • In respect of December 2023, the collection amounted to usd 16.2 million, which, in real terms, was 4.7% lower than in December 2022.
  • Taxes collected

The 22 casinos contributed a total of usd203 million in taxes in 2023, exceeding the contribution made in 2022 by 4.5% in real terms. The latter is mainly explained by the fact that in 2023 three casinos operated throughout the year, which in 2022 moved from the municipal regime to the 19.995 regime and started operating on different dates (Coquimbo and Pucón, in January and June 2022, respectively). However, in the month of December, taxes generated were 2.5% lower than in the same month of 2022.

The amounts added at the industry level are divided into usd 86 million corresponding to the specific gaming tax destined to regional governments and municipalities for the financing of development works, in addition to usd 85 million associated with the payment of VAT on gaming revenues and usd 31 million corresponding to the gaming hall entrance tax, which is destined to the nation's general funds.

On the other hand, in December 2023, the Marina del Sol Casino, which began operating in November last year, paid the Municipality of Talcahuano usd 0.55 m for the economic offer, which corresponds to the proportion of the total amount offered (approximately 13%) and through which it was awarded its operating permit.

This payment is made to the General Treasury of the Republic, which, in the same term as the specific gaming tax, must transfer it to the respective municipality. This is in March 2024.

The distribution of taxes collected in 2023 is shown in the following table:

IMPUESTOS Año 2023 ($ Millones)

Región

Casino

Impuesto específico Gobierno Regional

Impuesto específico Municipalidad

IVA

Por entrada

Total

De Arica y ParinacotaCasino Luckia Arica

1.158,3

1.158,3

2.200,7

1.216,0

5.733,2

De AntofagastaMarina de Sol Calama

978,7

978,7

1.878,3

670,8

4.506,4

Enjoy Antofagasta

2.527,3

2.527,3

4.801,9

1.821,8

11.678,4

De AtacamaAntay Casino & Hotel

1.158,6

1.158,6

2.369,6

1.090,6

5.777,5

De CoquimboOvalle Casino Resort S.A.

449,5

449,5

854,1

421,6

2.174,7

Enjoy Coquimbo

2.819,4

2.819,4

5.356,9

2.307,5

13.303,4

De ValparaísoCasino de Juegos del Pacífico

910,6

910,6

1.731,7

815,4

4.368,3

Enjoy Viña del Mar

5.090,0

5.090,0

9.671,1

3.076,6

22.927,8

Enjoy Santiago

3.121,9

3.121,9

5.931,7

1.888,2

14.063,7

De O´HigginsCasino Monticello

8.913,5

8.913,5

18.175,0

4.446,3

40.448,2

Casino de Colchagua

626,5

626,5

1.208,8

364,3

2.826,2

Del MauleGran Casino de Talca

843,3

843,3

1.618,4

715,9

4.020,9

Del ÑubleMarina del Sol Chillán

940,9

940,9

1.805,8

835,5

4.523,1

Del BiobíoMarina del Sol Talcahuano

3.766,4

3.766,4

7.596,5

2.701,1

17.830,3

Casino Gran Los Ángeles

589,9

589,9

1.120,8

533,7

2.834,4

La AraucaníaDreams Temuco

2.021,9

2.021,9

3.880,5

1.615,5

9.539,9

Enjoy Pucón

1.308,4

1.308,4

2.485,9

1.035,5

6.138,2

Los RiosDreams Valdivia

1.215,9

1.215,9

2.345,9

1.185,4

5.963,1

Los LagosMarina del Sol Osorno

1.006,2

1.006,2

1.931,2

790,8

4.734,5

Enjoy Chiloé

413,4

413,4

785,5

367,5

1.979,8

De AysénDreams Coyhaique

434,1

434,1

824,7

396,0

2.088,9

MagallanesDreams Punta Arenas

1.669,1

1.669,1

3.441,4

1.483,5

8.263,1

Total

41.964,0

41.964,0

82.016,3

29.779,5

195.723,7

 

Revenue and visits 2023

The 25 gaming casinos operating in the country recorded gross gaming revenues (win) of usd 534 million in 2023, which, in real terms, were 9.1% higher than in 2022. Meanwhile, in the month of December, revenues were 4.7% lower than in December 2022.

In terms of visits, 7.12 million people entered the 25 casinos in operation, which is equivalent to an increase of 12% compared to 2022.

In addition, during 2023, an average spend of $76,042 per visit was recorded, implying a 12% decrease in real terms from the average spend per visit in 2022.

NOTE: Detailed casino gaming operational results for December 2023 are available in the SCJ's Statistical Bulletin.

Categoría:Legislation

Tags: Sin tags

País: Chile

Región: South America

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Novomatic's innovative offerings and market insights: a recap of our presence at GAT Expo 2024

(Cartagena de Indias, SoloAzar Exclusive).- Manuel Del Sol - CEO at NOVOMATIC Gaming Colombia, gave an overview during the interview with SoloAzar, focusing on the innovative products presented at the event, the good reception from visitors, insights on the Colombian iGaming market, the latest technological trends incorporated into the platform, and the firm's approach to regulatory adaptation in the Latam market.

Friday 26 Apr 2024 / 12:00

Miguel Ángel Ochoa in GAT: "No casino has been closed due to money laundering or drug-related issues"

(Cartagena, SOLOAZAR Exclusive). One of the most interesting moments of the 25th anniversary edition of GAT Expo in Cartagena de Indias was undoubtedly the AIEJA panel dedicated to the Mexican gaming market. In this note, we review the key segments of the intervention of Miguel Ángel Ochoa, the president of AIEJA on that day.

Friday 26 Apr 2024 / 12:00

Connections, agreements and surprises for R. Franco Digital at the 25th edition of GAT EXPO

(Cartagena de Indias, Exclusive SoloAzar) - Guillermo Ruipérez, head of sales at R. Franco Digital, in an exclusive conversation with SoloAzar, emphasised the special focus on organisation and networking during the 25th edition of GAT EXPO. He highlighted the wide range of the integral products and services offered by the firm, as well as the international character of the event that consolidates it as an essential regional meeting point.

Thursday 25 Apr 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO