Chile: Monticello to inaugurate the second phase of its project

Garcelon qualified the performance of the operation located in the Sixth Region as “really extraordinary”. He said that, on that period, they have leaded the winnings of the sector, exceeding the other 14 venues tendered.

The second inauguration stage is a center that will have the food variety of restaurants Portofino, Vendetta and Santa Brasa, on top of coffee-bar Segafredo. The latest two have been operating since September with “excellent sales”, according to Garcelon.
 
The entertainment area will be addressed to the whole family and comprises a nursery, bowling, 65 electronic games and go-kart. It will also have six places to eat, which will be managed by Monticello.
 
The executive indicated that the third and final stage of Monticello project considers to inaugurate the hotel by mid December. This is a five-star hotel that represented an investment of us$ 30 million, which will be operated by Sun International and will have 155 rooms, a spa, swimming pools and convention centers.
 
“It will be our first year with the whole complex operating. So far, just with the casino, we have had more than 100,000 visits a month, which will definitely grow once the project is completed,” affirmed Garcelon, who said that he plans a 20 % increase in total sales for 2010
 
According to the data of Casino Superintendence, in August the gross gaming income or win of the society controlled by Sun International, Novomatic and IGGR, is of us$ 7.85 million, which represents the 36,7% of the total of the industry, which in August collected us$ 21.3 million, while between January and August, the casino industry registered incomes for us$ 127.1 million.
 
The figure also represented an increment of 0.6% for this operator, with regards to the 36,1% of the total of the sector, that presented as an average in the first six months of this period.