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Wednesday, July 11, 2012

$288m in casino levies collected in last 18 months

Visitors enter the casino at Genting Singapore Resorts World Sentosa, in Singapore, in this May 12, 2010 file photo. Singaporeans and permanent residents paid a total of $288 million in casino levies in 2011 and the first six months of this year. -- PHOTO: BLOOMBERG
Singaporeans and permanent residents paid a total of $288 million in casino levies in 2011 and the first six months of this year.
Last year, $195 million was collected while another $93 million was collected from January to June to this year.

Singaporeans and permanent residents who want to enter the casinos here have to pay $100 for a daily entry levy or $2,000 for an annual entry levy.
Ms Josephine Teo, Minister of State for Finance, revealed the figures in parliament on Tuesday without giving a breakdown of how much was collected in daily and annual levies.

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