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Tuesday, January 11, 2011

Singapore Govt nets casino windfall

SINGAPORE: The Government saw a net increase in betting tax and GST revenue of S$420 million with the entry of the Integrated Resorts (IRs) between April and November last year.

Separately, the net increase in casino entry levies collected by the Totalisator Board (Tote Board), with the entry of the IRs, was about S$130 million over the same eight-month period.

Chanelnewsasia 11 Jan 2010 | Read Full Report :