Singapore collected S$93 million ($73 million) from entry levies placed on locals visiting the city’s two casinos in the first half, according to Josephine Teo, minister of state for the Finance Ministry.
The entrance fee of S$100 a day or S$2,000 annually from citizens and permanent residents amounted to S$195 million in 2011, Teo said in Parliament. The government also collected more from the two casino-resort operators, Las Vegas Sands Corp. (LVS) (LVS) and Genting Singapore Plc (GENS), with the net gain in tax revenue amounting to S$900 million in fiscal 2010 and S$1.1 billion the following year, she said. Full story
Related:
Casino entry fees collected hit $288 million in 18 months - Yahoo! News Singapore
Singapore locals pay $72 million to enter mega casinos - The Sydney Morning Herald
