Tax cut for Tigre de Cristal in Primorye

The Suncity-owned casino in Primorye, Russia resumed operations last week under strict Covid-19 restrictions.

Russia.- Just days after reopening, Tigre de Cristal casino in Primorye has been given a tax cut for keeping up its tax commitments while closed due to the Covid-19 lockdown.

The casino closed in late April but continued to pay the 125,000 rubles (US$1,755) per table and 15,000 rubles (US$200) per slot machine gambling tax.

Now the legislative assembly in Primorye has decided to grant the company a temporary reduction lowering the fee to 50,000 roubles (US$700) for each gambling table and 3,000 roubles (US$42) fo slot machines.

The relief measure approved will last from July to October and will cost the regional budget about 16 million rubles (about US$225,000).

After October the assembly expects to see tourism increase by at least 30 per cent.

The Suncity-owned casino resumed operations under strict Covid-19 measures on Thursday and plans to focus on the domestic market.