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Tax contribution of gaming casinos authorized by Law No. 19,995 reaches $15,997 M in October 2023

Monday 11 de December 2023 / 12:00

SCJ

2 minutos de lectura

(Santiago).- The collection is distributed in $6,980 million paid by the 19,995 casinos to the communes and regional governments in which they are located, $6,742 million in VAT on gaming and $2,275 million in ticket tax. The 25 gaming casinos operating in the country recorded gross gaming revenue (win) of $45,536 million in October 2023, which, in real terms, was 12.9% lower than those obtained in October 2022.

Tax contribution of gaming casinos authorized by Law No. 19,995 reaches $15,997 M in October 2023

Taxes collected

The 22 casinos 19,995[1] contributed a total of $15,997 million in taxes in the month of October, decreasing the taxes contributed in October 2022 by 11.2% in real terms.

The aggregated amounts at the industry level are divided into $6,980 million corresponding to the specific gaming tax, destined to regional governments and municipalities to finance development works, in addition to $6,742 million associated with the payment of VAT on gaming income and $2.275 million corresponding to the tax on entry to gambling halls, which goes to the nation's general funds.

Regional governments and municipalities receive the funds from the specific gaming tax the month following their payment by the operating companies. Therefore, these resources will be received in January 2024.

On the other hand, the Colchagua Casino, authorized in August 2022, paid the guaranteed annual economic offer to the municipality during October, which corresponds to the proportion of the amount offered corresponding to the year 2023 and through which the operating company was awarded the permit to operation.

The amount that the gaming casino contributed to the municipality as an economic offer corresponds to $59 million, equivalent to approximately 30% of its economic offer.

This payment is made to the General Treasury of the Republic, which, within the same period as the specific gaming tax, must transfer it to the respective municipality.

The distribution of taxes collected by the operation for the month of October 2023 is shown in the following table:

TAXES October 2023 ($ Millions)

Region

Casino

Specifix Tax Regional Government

Specific Local Tax

VAT

Per income

Total

De Arica y ParinacotaCasino Luckia Arica

95,4

95,4

181,2

95,1

467,0

De AntofagastaMarina de Sol Calama

76,3

76,3

146,4

55,5

354,5

Enjoy Antofagasta

269,5

269,5

512,0

155,4

1.206,3

De AtacamaAntay Casino & Hotel

88,3

88,3

180,0

87,4

444,1

De CoquimboOvalle Casino Resort S.A.

33,3

33,3

63,2

32,5

162,3

Enjoy Coquimbo

218,6

218,6

415,3

161,9

1.014,4

De ValparaísoCasino de Juegos del Pacífico

73,6

73,6

139,9

62,7

349,8

Enjoy Viña del Mar

397,4

397,4

755,1

229,7

1.779,7

Enjoy Santiago

274,1

274,1

520,8

145,2

1.214,1

De O´HigginsCasino Monticello

751,8

751,8

1.468,1

305,3

3.277,0

Casino de Colchagua

51,3

51,3

99,1

29,6

231,2

Del MauleGran Casino de Talca

62,3

62,3

119,5

59,8

303,8

Del ÑubleMarina del Sol Chillán

68,6

68,6

131,6

72,6

341,4

Del BiobíoMarina del Sol Talcahuano

323,9

323,9

656,0

219,9

1.523,6

Casino Gran Los Ángeles

40,5

40,5

77,0

37,2

195,2

La AraucaníaDreams Temuco

179,5

179,5

344,6

132,7

836,3

Enjoy Pucón

74,0

74,0

140,7

58,4

347,1

Los RiosDreams Valdivia

100,9

100,9

195,0

92,0

488,7

Los LagosMarina del Sol Osorno

81,2

81,2

155,9

61,4

379,7

Enjoy Chiloé

36,8

36,8

69,8

28,8

172,2

De AysénDreams Coyhaique

35,5

35,5

67,4

31,1

169,5

MagallanesDreams Punta Arenas

157,5

157,5

303,5

120,4

739,0

Total

3.490,2

3.490,2

6.742,2

2.274,5

15.997,0

 

Revenue and visits

The 25 gaming casinos operating in the country recorded gross gaming revenue (win) of $45,536 million in October 2023, which, in real terms, was 12.9% lower than those obtained in October 2022.

Regarding visits, 542,179 people were registered who entered the 25 casinos in operation, which is equivalent to a decrease of 14% compared to October 2022.

In addition, during October an average expense of $82,544 per visit was recorded, which implies an increase in real terms of 3% compared to October 2022.

 

Categoría:Others

Tags: SCJ,

País: Chile

Región: South America

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