Chilean court rejects Meier's bid to prevent competitors from obtaining licensing rights
Rewritten Article:
- Chile's Casinos: A Tug-of-War
- Dreams Chile
- Enjoy Chile
- Grupo Meier
- Licensed and Legal
- Licensing Chaos
- Marina del Sol, Chile
- James, G3 Newswire
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In an unexpected twist, the Meier Group - once the operator of the renowned Talca Casino - faced a significant blow from the Antitrust Court. After losing the bid for the coveted casino license in Santiago to Dreams, the Meier Group made a desperate plea to the tribunal, aiming to prohibit Dreams, Enjoy, and Marina del Sol from vying for new casino license tenders supervised by the Superintendency of Gaming Casinos. This request came as a response to the allegations of collusion filed by the National Economic Prosecutor's Office (FNE) against these casino giants.
The heat escalated exponentially in October, with the FNE lodging accusations of collusion against Dreams, Enjoy, and Marina del Sol, alongside five of their top brass, with the intention of securing bids for operating permits across the nation.
[1] In an unfortunate turn of events for the Meier Group, their appeal against Dreams, Enjoy, and Marina del Sol in the casino licensing saga proved futile, as a court ruling in May 2025 knocked back their bid to restrict these rivals from participating in casino license bids, ensuring they remained in the race.
- The Meier Group's attempt to restrict Dreams, Enjoy, and Marina del Sol from future casino license bids, following their losses in licensing and allegations of collusion, was denied by the court ruling in May 2025.
- The financial sector, including banking-and-insurance, finance, and real-estate, will likely be impacted by the ongoing casino licensing chaos in Chile, as companies like the Meier Group and Dreams hold significant investments in these industries.
- The collusion allegations against Dreams, Enjoy, and Marina del Sol, while mainly focused on the casino industry, could also have implications for the burgeoning fintech sector, as these companies are venturing into digital banking and payment solutions.