Chile’s Casino Auction Flops as Two Cities Draw Zero Bidders
Summary
Chile’s 15-year casino concession auction on 11 August 2026 resulted in zero bidders for Viña del Mar and Iquique, while Coquimbo and Pucón each attracted one bidder. The Superintendencia de Casinos de Juego (SCJ) will re-tender the two empty concessions after the Competition Tribunal (TDLC) rejected last-minute suspension attempts. Analysts cite high upfront costs, long-term tax uncertainty, and legal challenges as key deterrents. The lone bids in Coquimbo and Pucón provide limited competitive leverage for the SCJ, which must now evaluate offers and set new schedules for the failed tenders.
(Source:The Rio Times)