Article ID: CBB261222871

The Development of the Casino Industry in Chile (Autumn 2021)

unapi

This article provides an account of the development of the casino industry in Chile. For most of the 1930s up to the 1980s the industry remained stagnant and restricted to a few locations. From 1990 the industry grew, but in particular after 2005 following a new law that permitted the creation of new casinos in all regions, with the main aim of promoting tourism. The new casinos had to operate as part of an “integral project,” which included sizable investments in the tourism sector. This was a novel business development strategy. The new industry attracted old and new investors, including foreign operators, who often associated with Chilean business groups, providing the resources needed to finance these developments and enjoying healthy profits for most of the period.

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Article editors (Autumn 2021) Editor's Note: Special Issue on the Entertainment Industry. Business History Review. unapi

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https://data.isiscb.org/isis/citation/CBB261222871/

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Authors & Contributors
Arellano Escudero, Nelson
Stadler, Christian
Diego Barría Traverso
John Aggrey
Cristina Stanca-Mustea
Tironi, Manuel
Concepts
Business history
Comparison
Gambling
Entertainment industry
Imaginaries
Television
Time Periods
20th century
21st century
19th century
Places
United States
Chile
Great Britain
Germany
Europe
Las Vegas, Nevada
Institutions
Línea Aérea Nacional
Radio Corporation of America (RCA)
Escola Tècnica Superior d'Enginyeria Industrial de Barcelona
Massachusetts Institute of Technology, MIT
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