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Archivos de etiqueta: sueños de sol

Chile – New details of Sun Dreams merger revealed

Enjoy has presented the main components of the agreement with Sun. The agreement   will now be analysed by the Superintendence of Gaming Casinos (SCJ) and the National Economic Prosecutor’s Office (FNE). In a presentation to shareholders, the firm highlighted that the merged company -which will be called “Dreams Enjoy SA,”- will consolidate itself as a…

Chile – Enjoy and Sun Dreams confirm merger to take 76 per cent of Chilean casino market

Latin American casino group Enjoy has confirmed that it has reached an agreement to merge its gaming and hotel business with that of rival casino operator Sun Dreams. The merger will create the largest operator in the country and will also have a significant presence in other jurisdictions across Latin America. A potential merger would…

Chile – Pacífico acuerda comprar la totalidad de la participación de Sun International en Sun Dreams

Nueva Inversiones Pacífico Sur Limitada de Chile llegó a un acuerdo con el operador de casinos latinoamericano Sun Dreams y ahora comprará la totalidad de la participación que posee la filial de Sun International, Sun Latam. Pacífico acordó comprar una participación del 64.94 por ciento en el operador de casinos Sun Dreams por 160 millones de dólares al socio sudafricano Sun International para...

Chile – Sun Dreams’ compensation claim rejected by court

Sun Dreams has suffered another setback with the Court of Appeals of Valdivia rejecting an appeal filed by the Chilean-South African firm for the damages suffered by the hotel casino in the city of Valdivia, during clashes between protesters and police. The casino and hotel was at the epicentre of clashes during the social protests…

Chile – Cancelada fusión entre Sun Dreams y Marina del Sol

Sun Dreams y Marina del Sol han informado que la propuesta de fusión entre ambas compañías ha sido cancelada. Según un memorando entregado a las autoridades financieras “las partes no se pusieron de acuerdo sobre los puntos necesarios para realizar la transacción, no lograron intercambiar los antecedentes ni los documentos necesarios para llevar…

Chile – Sun Dreams wants compensation for damage sustained during riots

Damages worth millions experienced during the social unrest in Chile last year has caused Sun Dreams to file a protection claim before the Court of Appeals of Valdivia. The claim accuses the State of having “failed to guarantee public order and internal public security, which constitutes an arbitrary and illegal violation of constitutional guarantees.” According…

Chile – Court rules against Sun Dreams in Puerto Varas case

The Ninth Chamber of the Court of Appeals of Santiago de Chile has rejected the claim of illegality presented by Sun Dreams against the Superintendence of Casinos (SCJ), for granting the operating permit in Puerto Varas in the south of Chile, in June 2018, to its competitor Enjoy. In its ruling the court does not…

Chile – La fusión entre Sun Dreams y Marina del Sol está en suspenso

La propuesta de Sun International de fusionar su empresa de casinos Sun Dreams, con sede en Chile, con los activos de Marina del Sol ha quedado congelada después de que las empresas no pudieron llegar a un acuerdo sobre un memorando de entendimiento. Sun International confirmó que no habían logrado concluir la fusión propuesta antes de la fecha límite del 31 de octubre. “Las partes tienen…

Chile – Enjoy files lawsuit against Sun Dreams over casino delays

Enjoy has filed a lawsuit before the Tribunal for the Defence of Free Competition (TDLC), against its competitor Sun Dreams, for possible acts of unfair competition. The conflict arose after Enjoy was awarded the 15-year license for the Pucón and Puerto Varas casinos once the tender for the municipal casinos was completed. “Fourteen months after…