
Enjoy S.A. seeks to surrender its Casino Gran Los Ángeles permit 12 years early, reducing to one remaining Chilean casino after multiple reorganizations and steep visit declines. The operator is pivoting to online betting while executing efficiency measures that slashed costs and headcount. Regulators must now weigh approval against a pending collusion probe and potential $36.8m fine.
SCCG Take — Smaller sites face acute pressure from illegal operators and uneven regulation, accelerating portfolio pruning. The Consejo Resolutivo’s decision will signal whether such early exits remain viable when legal overhang persists.
Enjoy S.A. has asked the Superintendencia de Casinos de Juego to relinquish its permit for Casino Gran Los Ángeles nearly 12 years ahead of the scheduled 2038 expiration. Approval by the Superintendencia’s Consejo Resolutivo would leave the operator with only Enjoy San Antonio, which has seen visits fall 61 per cent since 2019.
The company, founded by the Martínez family in 1975 and now controlled by former creditors, once operated 10 casinos in Chile, Argentina, Uruguay and Colombia. Two judicial reorganisations, the first from pandemic closures and the second in January 2024, divided the portfolio. International creditors claimed Punta del Este, Coquimbo, Pucón and Castro. National creditors operating as Casinos de Chile took Coquimbo, Viña del Mar and Pucón, relinquishing all three back to the state in 2025. A planned transfer of the Rinconada casino to that group remains paused pending the Tribunal de Defensa de la Libre Competencia’s collusion probe into Enjoy, Dreams and Marina del Sol.
Los Ángeles and San Antonio rank as the smallest sites. Visits at Los Ángeles dropped from roughly 44,000 in January-April 2019 to around 22,000 in the same window this year, a 47.9 per cent decline. The site also recorded an 18.6 per cent year-on-year fall. The resignation is presented as a responsible step given the local presence of illegal casinos, though observers question that framing because the committed economic offer of roughly 22,000 UF is not especially heavy compared with larger concessions.
Uncertainty surrounds whether San Antonio will follow the same path. Full exit would raise questions about company continuity, the $36.8m fine pursued by the Fiscalía Nacional Económica in the 2024 collusion case, and the linked pending permits. That record could still prompt the Consejo Resolutivo to deny this relinquishment, as it did with Rinconada.
Enjoy now directs energy toward online betting. The operator has advocated for regulation that equalises licensed digital and physical players, viewing the present imbalance as unsustainable. Rival Marina del Sol has registered the Marinabet trademark with Chile’s Inapi to prepare for launch once the betting bill passes. Under general manager Andrea Wolleter, Enjoy cut staff to roughly 300 employees from a peak of over 5,000, renegotiated supplier contracts, and lowered sales costs by 19.2 per cent and administrative expenses by 20 per cent.
Whether Enjoy will pursue new concessions remains unresolved internally. The company evaluates each tender individually, with participation described as always on the table. According to a report by G3 Newswire, the outcome of this permit request will test the regulator’s stance on early exits amid open investigations.
Reporting: G3 Newswire
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
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