Sociedad Hipodromo Chile S.A. Class A
BBCS:HIPODROMOA400,000.00
CLP
0.00
(0.00%)
ISIN
CLP8716A1089
Return %
Stock
S&P 500
1Y
-3.61
14.20
3Y
-3.61
81.12
5Y
-3.61
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
CLP
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in mil. unless spec.Company Description
- CEO
- Fermin Cristi Cortes
- Full Time Employees
- 475
- Sector
- Consumer services
- Industry
- Casinos/Gaming
- Address
- Santiago Chile
- IPO Date
- Dec 7, 1995
- Website
- hipodromo.cl
- Similar Companies
- Business
- Sociedad Hipodromo Chile S.A. is a Chile-based entertainment and gaming enterprise primarily engaged in the organization, administration, and promotion of thoroughbred horse racing and associated pari-mutuel wagering operations. Founded in 1904 and headquartered in Independencia, Santiago, Chile, the company owns and operates the Hipodromo Chile racetrack complex, providing equestrian sports, gaming, and leisure services to horse owners, trainers, racing professionals, bettors, and the general public throughout Chile and international markets. The company's core operations are organized into comprehensive product and service categories, including: thoroughbred race organization and administration, encompassing the staging of weekly live racing programs, classic stakes, and premier handicap events such as the Clasico St. Leger, Gran Criterium, and Tanteo de Potrillos; pari-mutuel betting and wagering systems, comprising on-course teller and automated self-service terminals, an extensive nationwide off-track betting agency network operated under the Teletrak brand, telephone wagering via Fonotrak, and digital interactive sports and racing betting through the Teletrak.cl online platform and mobile applications; broadcasting and simulcast media services, covering multi-camera live audiovisual production, domestic racing channel distribution, and cross-border simulcast transmissions with commingled wagering pools; equine and venue support facilities, including horse stall and stable leasing, training track facilities, veterinary care infrastructure, and blacksmithing services; and real estate, hospitality, and event management, featuring VIP lounges, corporate boxes, grandstand concessions, dining and catering facilities, and the leasing of commercial areas and trackside event venues for private and corporate functions. In recent developments, Sociedad Hipodromo Chile S.A. has focused on strategic digital modernization, operational enhancement, and international market integration. The company has advanced the digital transition of its wagering operations by upgrading the Teletrak.cl digital platform and mobile ecosystem, implementing improved remote betting interfaces, modernized digital payment processing, and high-definition live streaming capabilities to expand its remote and younger customer base. In addition, the company has broadened its international commercial reach through expanded simulcast and commingling agreements with foreign totalizator operators and international racing networks across the Americas and Europe, facilitating global wagering into its live racing cards. Operationally, Sociedad Hipodromo Chile S.A. has executed targeted capital investments in racetrack infrastructure, deploying upgraded track surface maintenance technologies, enhancing veterinary and equine welfare standards, and modernizing spectator and hospitality areas to diversify revenue through non-racing commercial events.