Chile: Enjoy reports a 330% revenue increase in Q1 versus covid-impacted last year

Chile: Enjoy reports a 330% revenue increase in Q1 versus covid-impacted last year

Article brief provided by SBC Americas
  • Lucia Mouriño, SBC Americas
August 28, 2022 2:06 PM
  • Lucia Mouriño, SBC Americas

Chilean casino operator Enjoy has published its financial report that covers the activities from the first quarter of 2022, where a 330% increase can be seen in its revenues.

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Ahead of the company’s publication, La Voz de Chile shared the results and indicated that the numbers have been on the rise due to the reactivation of the land-based casino industry, the opening of new gambling halls in Viña Del Mar, Coquimbo, and Pucón, and its online activity that already has 43,000 registered users.

The EBITDA rose to $20.9m by the end of March, although it should be noted that these results are compared with the first three months of 2021 when the casinos were reopening after almost a year of being shut down because of the pandemic.