Costa Rica casinos to follow new rules
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.
Friday, April 11, 2008
Existing hotels with casinos and stand alone casinos must regulate their hours from 6pm until 2am from the current 24 hour operations many of them use right now. Many casinos in Costa Rica offer free alcohol to their customers however this must also come to a stop as well as restricting access for minors. The government has handed these businesses a 6 month deadline to bring these changes into effect.
Virtual casinos operating from Costa Rica will be regulated by this proposed law.
A project sponsored by the government foresees a 2% raw income tax to casinos and electronic betting operations.
The firm, which designs systems for casinos and equipment for gaming establishments, will establish a sales office for Latin America.
The new law creates a regulatory framework for casinos, game houses and slot machines and will come into force in December.
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