Bob is correct when saying you must check the Generate (insert) new bars. If you do not have this selected the repeat will be generated however you will only see "gray" bars (indicating these bars are the repeat chords) without the chords contained in them AND yes it will only play once chord over and over again.

Thank you Bob for point this out to me as well. I have experienced this same exact problem when generating repeats. "and here I thought I had to copy and past the repeated bars in the "gray" bars.....geeezee all it took was a click of the mouse to get it done"

Thanks again.