Tuesday, September 27, 2022

Goa casinos take brunt of increased fees


Despite the hike in the entertainment tax and license fees for onshore and offshore casinos in the state, Goa’s casino operators have decided not to increase their entry fees, Times of India reports.

As per the notification issued by the home department, the licence transfer fee for land-based casinos was doubled to Rs. 100 million (US$1.6 million), while that for offshore casinos was hiked to Rs 200 million.

But casino operators are concerned an increase in entry fees could deter customers from entering their casinos.

"We are not increasing the casino entry fee, as we cannot afford to lose market share," chairman of Delta Corp Jaydev Mody told Times of India.

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