In South Korea, the impact of the coronavirus epidemic reportedly reduced tax revenues at 17 casinos by 82.4% year-on-year to about $ 7,070 million.
Impact of coronavirus on Korean casino tax revenue
According to GGR Asia reports, citing official information from the country's National Gaming Commission, the 674-room Kangwon Land Casino venue is 2019% of the $ 3 million booked in 950. Although it decreased, it reported that it posted about $ 83.3 million, which accounts for more than 73% of the total tax amount.
According to sources, the 21-year-old company is the only one in South Korea that allows locals to gamble with foreigners, and recent second-quarter game revenues were the same as the previous year. It is said that it reached about 2 million dollars, an increase of 488% from the same period.
Make a significant contribution
It is said that the tax amount of Gangwon Land Casino last year was more than double the total amount of 16 foreign-only casinos in Japan (down 79.7% from the previous year to just over $ 1,890 million).
In addition, the casino operated by the state-owned company Kangwon Land Incorporated reduced its annual donations to various charities by 8% to about $ 2 million, and the donations from its compatriots of $ 3,220 million were about 4,650%. It is said that it has decreased.
Famous patronage
According to GGRAsia, South Korea's gambling sector includes local lotteries as well as gambling such as horse racing, bicycles, boats and seven-a-side football.
Located in the eastern part of Gangwon-do, about 4 hours by train from central Seoul, Kangwon Land Casino will account for 2020% of South Korea's 14.8 gaming tax revenue, down 82.9% year-on-year to $ 3 million. It is said that it became.
It's an embarrassing commotion
Last year, the South Korean government reportedly closed casinos related to the coronavirus to end the pandemic that killed more than 2,300 people.
Since then, gambling halls have been said to be obliged to comply with various public health regulations, such as capacity limits, inspection systems, and social distances.
Reversal of income
GGR Asia finally quoted a report released in May by the Korean Ministry of Culture, Sports and Tourism that the total number of visitors to Korean casinos in 5 exceeded 2020 million, down 71.3% from the previous year.
South Korean casino sales fell 64.5% year-on-year to nearly $ 12 billion over the same period, which is about the same as Macau's more than 40 casinos recorded in July, the ministry said. Is.
Bakara-chanWithout Corona, it was a distance to go, play, and come back, but Corona ...
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