Goa government nets $25 million from casinos

 

Goa casinos contributed 1.35 billion rupees ($25 million) to the state government in the fiscal year that ended in March. Of the total, 325 million rupees came from license fees for the five offshore casinos and 250 million rupees from the 10 onshore casinos. The annual offshore license fee was raised 30 percent last year while the previously much smaller onshore fee,  rose  to 25 million rupees from 1.5 million rupees. The casinos also paid 533 million rupees in entertainment taxes after the tax on the sale of casino chips was raised to 15 percent from 10 percent. The casinos paid over 179.6 million from entry fees, after that levy was cut to 500 rupee per customer from 2,000 rupees and the government moved to limit entry by state residents. Other revenue collected came from VAT on food and beverages and liquor license fees.