Sun International’s Chile-based gaming business Sun Dreams has been hit by civil protests in the Latin American country, with several properties suffering damage.
Earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs for the year to end-December at Sun Dreams is expected to fall 5% to R1.29bn, the group said, partially offsetting an improved performance at its SA operations.partially offset by positive contributions from operations in Peru and Argentina, with Sun International saying Sun Dreams showed “tremendous resilience” in the face of the unrest.
Sun Dreams operates a number of casinos, hotels, as well as entertainment and food and beverage facilities in Central and South America.
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