Cambodia sees casino tax revenue halved in 2020

The Cambodian government saw the amount of tax collected from the nation’s 193 licensed casinos fall by more than half in 2020, impacted by widespread closures and reduced international visitor arrivals due to COVID-19.

Deputy Director of the Ministry of Economy and Finance, Ros Phearun, told The Phnom Penh Post that tax revenue dropped from around US$85 million in 2019 to US$40 million in 2020.

“As we’re all too well aware, the COVID-19 epidemic began in late 2019 and persists to this day,” he said. “It has pulverized all economic sectors, and the casino industry has sustained a crippling blow as well.

In full: https://www.asgam.com/index.php/2021/03/22/cambodia-sees-casino-tax-revenue-halved-in-2020/

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