Casino industry to provide 20 mln USD of tax for Cambodia in 2008
14/2/2008 15:47
The burgeoning casino industry is expected to provide US$20 million of tax
revenues for the Cambodian government in 2008, said national English-Khmer
newspaper the Cambodian Daily today.
It contributed tax revenues of US$18
million in 2007, US$16 million in 2006 and US$12 million in 2005, the paper
quoted statistics from the Ministry of Economics and Finance as saying.
The
government calculates tax bills based on how many card tables and slot machines
each establishment has, it said, adding that five new casinos opened in 2007,
bring the total number to 29.
Currently, the largest casino concentrations
are along the national borders, with 15 on the Thai frontier and 10 on the
Vietnamese, as well as three in Sihanoukville and on in Phnom Penh.
Xinhua
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