The current law establishes that the end of the license will be in 2015

Chilean local councils take up again the fight to keep the casinos

(Chile).- The conclusion of the license of local casinos in 2015 has worried the seven mayors of the cities in which the gambling venues are present: Arica, Iquique, Coquimbo, Viña del Mar, Pucón, Puerto Varas and Puerto Natales.
2010-05-20
Reading time 42 seg

That’s why they have met the new government in order to demand the granting, indefinitely, of the licenses, or to receive an allowance to replace the incomes that they will stop receiving from 2016.
 
According to the Mayoress of Viña del Mar, Virginia Reginato, and the leading spokesman of the group, "they have contacted superior authorities of the team of the Ministry of Economy and legislators that should know an eventual project that modifies the current legal status of casinos".
 
However, he specified that is insufficient that such project extends the license for 10 years, and said that it should be permanent. He added that "if any authority perseveres in the crazy idea of privatizing this public property, it should consider a compensation that is enough to cause a perpetual rent equivalent to the current income of a billion dollars”.
 
He said that they expect the government to bring a solution on the matter, because "casinos are the main source of local income; without them, the cities would not be feasible.”

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