CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links

Gaming News

 

SkyCity and TAB join forces to fight taxes

11 February 2008

ADELAIDE, Australia -- As reported by Adelaide Now: "SkyCity Casino is suing the State Government after it was forced to pay for the regulation of the state's gambling industry.

"Gambling Minister Paul Caica declared the move was necessary to provide more money for health, education, and law and order services, but the casino claims the Government has breached its contract by increasing taxes.

"The casino, which made a $17.9 million operating profit last year, has launched proceedings in the Supreme Court after the Government passed a law late last year resulting in the casino having to pay $1.25 million to operate the Office of Liquor and Gambling each year.

"SA TAB is also suing the Government after it was forced to pay an extra $300,000. The Government can increase the annual payment at its discretion..."

< Gaming News