$70m in casino entry levies collected

• Clivebenss

  19 May 10, 10:15

  May 19, 2010 - The Straits Times
  

  $70m in casino entry levies

  THE two casino operators have collected about $70 million in entry levies as of May 10, said Minister for Community Development, Youth and Sports Vivian Balakrishnan.

  In a written response to a question from Nominated MP Terry Lee in Parliament on Tuesday, the minister said it would be premature to draw conclusions 'on casino patronage and its attendant social impact from the entry levy data as it is still early days'.

  All casino entry levies are paid to the Singapore Totalisator Board and are used to fund projects which benefit the community.

  MCYS will continue to ensure that sufficient resources are dedicated to tackle the issue of problem gambling, through research studies and programmes, said Mr Balakrishnan.

• Paisley

  19 May 10, 10:17

  Wah, open Casino make good money huh. So next year got tax rebate a not?

• ditzy

  19 May 10, 10:18

  Or a 1 point percentage increase in our CPF ORDINARY ACCOUNT?

• Rock^Star

  19 May 10, 10:45

  Well, they can say that the levy is meant as a deterrence fee to the casinos for the locals but now we see it, it's also a good source of revenue :)

• Paisley

  19 May 10, 10:47

  Duh, be banker not hard to win one leh.

• Clivebenss

  19 May 10, 10:56

  can increase the casino levy, more revenue.

  

• Moka

  22 May 10, 01:15

  haiz... "used to fund projects which benefit the community."

• ditzy

  22 May 10, 01:27

  Originally posted by Moka:

  haiz... "used to fund projects which benefit the community."

  cynthia-phua-renovate-kovan-food-centre-before-every-general-election fund.

• Just_do_it_lah

  22 May 10, 05:08

  Originally posted by ditzy:

  Or a 1 point percentage increase in our CPF ORDINARY ACCOUNT?

  
  Not a good idea...

  Me self-employed cum semi retired...  Cash rebate better !!! haha