The Borneo Post (Sabah)

Higher gaming duties may deter tourists — FCAS

-

KOTA KINABALU: The increase in casino licence fee, casino duties and gaming machine duties may deter tourists, said Federation of Chinese Associatio­ns Sabah (FCAS) president Tan Sri Dr. T. C. Goh.

He said the casino might cut back on its free services to offset the costs increase, which in turn may drive away tourists to casinos in other countries, such as Singapore.

“Genting Casino, the only casino in Malaysia, could be even more well-known than our country itself. It is a must-visit destinatio­n for many tourists from China,” he noted.

With the increase of taxes, fees and levy on the gaming industry, Goh said the casino could lose its customer base, particular­ly those from China.

He was commenting on the 2019 budget which saw an increase of casino licence from RM120 million to RM150 million per annum; casino duties up 35 percent on gross collection; machine dealer’s license to be increased from RM10,000 to RM50,000 per annum; and gaming machine duties to be increased from 20 percent to 30 percent on gross collection.

Goh, who is also the president of Everise Ventures Sdn Bhd, the management company for Sandakan Turf Club (STC), lamented about having to compete with unlicensed gambling operators, particular­ly illegal 4D bookies who sold lottery tickets without the need for physical outlets.

“Although the tax imposed on lottery operators remains unchanged, we can hardly compete with illegal bookies,” he lamented.

Newspapers in English

Newspapers from Malaysia