By SectorWire desk ·
The report said that Viña del Mar and Iquique received no bids in Chile’s municipal casino tender process. Dreams, Marina del Sol and Corporación Meier criticised economic and investment requirements, with Meier seeking reconsideration.
The unsuccessful lots leave two municipal casino concessions without bidders.
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Dreams plans to enter the replacement Puerto Varas tender while continuing to operate the municipal casino during the process.
Prospective bidders face a new tender with revised conditions after neither applicant met all legal and regulatory requirements.
The requested suspension could delay opening authorisation for Dreams’ new casino while authorities examine the operator’s financing complaint.
Investors face tender exclusion risks as Grupo Meier considers investment protections under the Chile–Peru free trade agreement.
Gárate said the unresolved casino tender delayed investment, services and municipal decisions in Puerto Varas.
The agencies’ positions support maintaining the tender conditions under challenge.