Bets in Panama increase 8.6%
Bets in the gambling industry totaled $1.03 billion in 2008.
Monday, January 26, 2009
Prensa.com reports on its website: "This increase goes hand in hand with the increase in tourism that Panama has experienced in the last few years," said Antonio Alfaro, president of the Association of Gambling Administrators (Asaja).
Costa Rica doesn’t want to become a gaming detsination like Las Vegas.
New laws have been passed in Costa Rica that will change the way that many of the casinos will be run and ultimately prevent new casinos being built in Costa Rica as casinos begin to limit their operations in line with these rules.
A project sponsored by the government foresees a 2% raw income tax to casinos and electronic betting operations.
Income from companies dedicated to gambling amounted to $2.37 billion in 2013.
"We are watching with amazement, how there are attempts to increase taxes on highly productive activities, while lowering rates for gambling," said Federico Humbert Arias, President of the Chamber of Commerce, Industries and Agriculture in Panama.
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