translated from Spanish: The history and development of casinos in Chile

Casinos and sports bookmakers are one of the most significant economic activities in Chile. Therefore, it is important to know the origin of gaming houses and slots in the country. Throughout history, since the time of the colony, Chile is a country with a lot of tradition when it comes to entertainment, becoming a lifestyle in our society.
The origin of casinos and slots in Chile dates back to approximately 1894. Although at that time this practice was poorly seen by the Catholic church, the quinielas gained more and more followers. In this time span entertainment centers had good and bad months, but they still couldn’t multiply that income. Betting rooms were illegal and clandestine. They were known to gamblers as “Colonial Clubs” and are located undercover in hotels, bars or cafes.
The appearance of the first legal casino in Chile occurred in 1931. In Viña del Mar the opening of the “Casino de Pichilemu” was inaugurated. She was known for having the best game room, where slot machines were one of its main attractions. Over the years, in the early 1940s, this entertainment house was renamed the ‘Grand Casino Hotel’.
For 2005, Law 19,995 was issued, with the aim of regulating, monitoring and supervising casinos in Chile. It allows the operation of 24 establishments in any region of the country, with the exception of Arica. Thanks to all these regulations, the practice of onlinegambling became one of the activities preferred by Chileans. It is because, with the development of technology, one can play The Casino Online Chile from the comfort of home, through mobile devices or computers. In addition, on these platforms you can take advantage of deposit bonuses and free games to increase the chances of winnings.
Many establishments have now had to be closed because of the pandemic. In view of this, revenue from the use and consumption of digital bets was seen with a high rate of increase, as a good alternative to the closure of physical premises. Playing in some casino in Chile meetsty requirements. These include the Chilean government’s seal of legality, adequate software to safeguard users’ financial data and adequate customer service, among other aspects.
According to Francisco Leiva, former Superintendent of Gaming Casinos, entry into Chilean coffers to finally introduce online casino regulations in Chile would amount to $100 million per year, regardless of the tax rate applied. Under this premise, Vivien Villagrán, current leader of the Superintendency, mentioned that many meetings have been held with the aim of having an adequate legal scenario and that it is not deprecated.
In addition, it asserted that a consensus was being severed to license physical casinos to practice online, by closing premises by Covid-19. Finally, it stated that facilities would be granted for the entry of new investors who wished to participate in the Chilean online casino and betting market.  

Original source in Spanish