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South Carolina Proceeds with Casino Boat Tax

22 August 2006

SOUTH CAROLINA – As reported by the South Carolina Sun News: "Horry County pressed forward Monday on the state's first casino boat tax despite a legal challenge from a boat operator.

"The tax could go before County Council next month and, if passed, net millions of dollars in annual revenue from two gambling boats in Little River, according to the council's Administration Committee.

"The county's been in a tug-of-war over fees and taxes for nearly two years with Florida-based SunCruz Casinos, which is the parent company of one Little River boat.

"SunCruz said Monday it's still open to negotiating a passenger boarding fee. Meanwhile, it is suing the state Department of Revenue instead of opening its books to a tax on wagers and winnings.

"…The new tax could require the gambling boats - including newcomer Diamond Casinos - to report wagers and winnings from each gaming table and machine.

"SunCruz President Robert Weisberg said the industry is being unfairly singled out with an illegal tax…"

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