Fischer starts the construction of the new casino in Valdivia, Chile

According to the announcement of the company Inversiones del Pacífico (Fischer Group), owner of the project, the new casino will be ready on July 17th, 2008. The Chief of Public Works of the Council, Eduardo Luzzi, said that the corresponding building licenses have not been presented, but the presence of workers and a sign with information of the new structure anticipates the beginning of the construction.

In that case, Law Nº 19.995 indicates that the maximum legal deadline for the beginning of the operation of each casino must not exceed 24 months since the granting of the operating license. Besides, for the conclusion of the rest of the developments or installations connected to this projects, the maximum deadline is 36 months (considering business days).

So the calculation of the deadline started when the Casino Superintendence (SCJ) published in the Official Neespaper the summary of the administrative statement with the granting of the license.

The new casino in Valdivia will be built in just one stage, the same as in Antofagasta, Calama, Pinto, Santa Cruz, Talca, Copiapó, Temuco, Osorno and Punta Arenas.