Gambling in Chile is a casino - regulated nationally.
The Republic of Chile is a legal gambling country in South America. Chile is a developed country with a high level of income, therefore, only annual tax revenues to the budgets of various levels amount to more than 450 million US dollars.
Legislation and Regulators
The main law governing gambling in the country was adopted in 2005. It is called Law No. 19.995. As amended by Law No. 20.856, it is still in effect. According to this law, in addition to the 7 former municipal casinos in Chile, it became possible to create establishments with the participation of private capital. Law 19.995 created the gambling industry regulator, General Directorate of Gaming Casinos, Superintendencia de Casinos de Juego.
Land based casinos in Chile
There are a total of 25 casinos operating in the country, of which 7 are municipally owned and 17 casinos located in the municipalities: Calama, Antofagasta, Copiapó, Ovalle, Rinconada, San Antonio, Mostazal, Santa Cruz, Talca, Talcahuano, Los Angeles, Temuco, Valdivia, Osorno (Osorno), Castro, Coyhaique, Punta Arenas are in private and mixed ownership.
In addition, a casino with a special tax regime operates in the commune of Arica (comuna de Arica), and in the commune of Chillán, a large complex project is under construction since 2017, within the framework of which a new large casino is planned to be opened soon.
The largest casino in the entire country is the Sun Monticello Casino and Hotel, which is located in San Francisco de Mostazal. The Sun Monticello Casino & Hotel has 80 table games, 1,880 slot and video poker machines. This casino accounts for about 20% of the total revenue of the Chilean gaming industry.
Slot machine halls in Chile
One of the legal features of the Chilean gambling industry is the proliferation of illegal gambling halls. According to the 2005 law, slot machines cannot be installed anywhere outside the licensed casino. According to SCJ, more than 10,500 gambling machines have been installed in 17 casinos established since 2005. According to government estimates, there are tens of thousands of illegal automatic machines in shops, hotels and other establishments. The government is trying to close and confiscate this equipment.
Online casinos in Chile
The current gambling regulation prohibits the operation of online gambling sites, but this prohibition is respected by citizens without much zeal. Locals have free access to many international gambling sites in English or Spanish.
Chile's Ministry of Finance recently announced a bill to regulate online gambling, which will be submitted to the Chilean Congress in the second half of 2021. The current legislation prohibits even licensed operators of land-based casinos in the country from offering their services online. The planned regulation will open the way for online casinos and bookmakers, which will help increase tax revenues and guarantee the safety of players.
In 2020, regulators announced that decisions on license renewal will be made based on an assessment of the financial component, regardless of the company's licensing status. This means that new licenses will be issued through a tender rather than through a renewal process, where a company that already has a license fulfills a series of requirements and pays a fee.The news displeased a group of foreign investors associated with the chilean casino site industry and led the best chilean casino site Association to withdraw from negotiations with regulators in September 2020.
Hundreds of online casinos are available from Chile. Every day, in search of luck, you can enter a new platform. They selected only real options that not only give you a win, but also pay out winnings without delay. Visitors will only have to download the appropriate software to their smartphones.
All modern slot machines have been designed to work flawlessly with a touch screen and computer mouse. Today's internet speeds allow you to download apps in minutes and play as much as you want, including real money casinos chile that can be withdrawn to bank accounts.
Free games are also possible. Most of the online casinos linked on casinoslots.cl offer free versions, which will allow users to get some practice without fear of losing money. Those interested in real money gambling simply have to create accounts and deposit the initial amounts.
As with any online games, the selection of online slot machines is huge. New slots are constantly appearing, many of which have amazing graphics and sound quality. But if the reader is a fan of classic games, then he can also find them on the Internet. The ancient classics have been transported to the virtual universe, allowing users to travel back in time and play games from previous decades. Just take a look and check out the amazing cars that have already been found for you.
Pay attention to the welcome bonuses that many casinos offer to attract visitors. A trifle, but nice.
Win a Crazy Wowpot in Wheel of Wishes
Wheel of Wishes is the latest addition to the family of online casino jackpots. Equipped with 5 reels and 10 paylines, this game offers a Power Spin feature, Scatter and Wild symbols, and the Wheel of Wishes Jackpot bonus with 4 progressive jackpots to be won at any time. Wheel of Wishes features a variety of interesting symbols, including a treasure chest, genie lamp and a book of magic spells, as well as Mini, Minor, Major and WowPot jackpots! Moreover, the latter always starts at $ 2 million. A portion of each bet placed will increase the winning amount, and once the lucky player wins the jackpot, the amount will be reset and will start to rise again with each bet.
Addictive casino games
At Casino, players can enjoy over 500 online all Chilean casino games, including classic 3-reel slot machines as well as modern 5-reel video slots, most of which come with bonus features while playing. There are also progressive jackpots in online slots and mobile casino slots, where one lucky spin can win the millionth jackpot. In addition to exciting slot machines, players can also look forward to table games available on PC or mobile online casinos such as online blackjack and online roulette , as well as live casino games such as Lightning Roulette and Dream Catcher. In short, Casino has plenty to do.
Live casino games
Live Casino allows you to play live streamed table games on your PC or mobile, such as blackjack and roulette, as well as game show style games in high definition. All live casino games are developed by Evolution Gaming, a software provider that has won numerous prestigious international awards. With innovative games like Lightning Roulette, Infinite Blackjack and Speed Baccarat, Evolution Gaming is setting the pace for the entire industry. Find out more about the games available from Evolution Gaming Casino below.
More live casino games
In addition to variations of table games such as Dragon Tiger Baccarat, Lightning Dice and Casino Hold'em, online casino players can also play show-style games, both online and on mobile. These games include MONOPOLY Live and Dream Catcher. Both games introduce the concept of spinning a large wheel, where the outcome depends on where the arrow stops. Deal or No Deal is another real-time game based on the popular TV show of the same name, in which players select suitcases to find and win cash prizes. Live Casino is an innovative creation of Evolution Gaming. Only in live casinos you can play in real time online with real dealers.
Online table games at Casino
Board game fans will have something to talk about playing. Here you will find a huge variety of popular online casino games that can be played on both PC and mobile online casinos. Blackjack, roulette, baccarat, craps and much more - we can surprise even the most avid gamblers with a variety. We offer to play European Roulette, Atlantic City Blackjack and High Speed Poker. In our board games section, you will also see a variety of keno and bingo games including Monkey Keno, Spingo and Electric Bingo. Always has a seat, no matter if it's at a blackjack, roulette or other game from our wide variety.
Modern casino table games
At Online chilean casino sites we are constantly releasing exciting new products, and table games are no exception. Along with the classic versions of blackjack, roulette and other table games, you can regularly find new modern editions here. One such innovation is the Real Roulette series from Real Dealer with dealers Sarati, Bailey and Holly. While played in real time, all results are pre-recorded and streamed to ensure an unforgettable, integrated gaming experience. Evolution Gaming is constantly bringing innovative ideas to the industry. Games like Baccarat Knockout and Double Ball Roulette challenge the roulette we are used to.