Sun International merges with Chilean group

Sun International’s Latin American portfolio has successfully merged with the casino and hotel portfolio of assets of Chile-based leader in the gaming and entertainment industry, Dreams S.A.

“The merger has now been implemented and will result in the formation of the largest gaming company in Latin America,” Sun International said in a statement.

Sun International’s assets, including, Monticello Grand Casino in Chile, the Ocean Club Casino in Panama and the Sun Nao Casino in Colombia will be combined with those of Dreams S.A., which comprises similar components to those of Sun International, including hotels, casinos, entertainment and food and beverage facilities.

The Dreams S.A. portfolio has six casinos in Chile (Iquique, Temuco, Valdivia, Puerto Varas, Coyhaique, Punta Arenas) and four in Peru (all in Lima). Together, the new company will have 13 casinos with a total of around 7 000 slot machines and 300 tables.