Dreams looks to replicate Chilean model in Peru

August will mark your first anniversary as Dreams Peru General Manager. What are the main challenges facing the country? What are the opportunities for operators?

Peru is a highly attractive market for foreign investment. Bearing this in mind, we decided to carry out an aggressive investment plan to bring a unique integrated entertainment and leisure resort offering to the country. This will allow us to differentiate from our competitors, and significantly increase our growth.

Will there be any structural changes resulting from the merger?

At the moment, we're not seeing any structural changes on the horizon resulting from the merger, which has already gone live after receiving regulatory approvals from both the Superintendence of Casinos (SCJ) in Chile, and the regulatory body in Panama.

When you were granted approval by the SCJ, Claudio Tessada said in a statement that the goal of the combined company was to focus on Peru, Brazil and Colombia. What are your plans in Peru? What is going to happen with your casinos and slot parlors in the country?

The company's efforts will be focused on consolidating operations across all markets where we are currently active, and this includes Peru, of course. Our expansion plan consists of investing USD 250M in Lima. Our aim is to replicate the Chilean model by offering a unique and compelling integrated entertainment center in the city.

Commenting on the newly enlarged company, Dávila said, “The merger has already become operational. What we need to do now is to choose a Board, define statutes, and formalize certain legal documents. We're working on it.”