הכללים החדשים בתחום המימון במטרה לשדרג את רווחיותו של T&T

Tang Nian, the chairman of the Gambling (Gaming and Betting) Control Commission, estimates that T&T's gambling industry has the potential to generate more than $300 million in revenue if properly regulated and taxed. To ensure success, updated regulations and efficient tax collection are deemed necessary.

Efforts are being made to address deficiencies in tax collection, particularly regarding the number of casino machines in the country and the taxes collected. Tang Nian emphasizes the need for reform of the existing device-based tax system. In recent years, over 13,000 new casino machines have been imported into the country, suggesting the potential for significant tax revenue from them.

The Commission aims to create jobs, enforce ethical practices, and collaborate with non-profit organizations to address gambling addiction. The regulatory body will have the power to suspend licenses, fine dishonest operators, and impound machines for investigation. Compliance will be monitored through visits to gambling establishments, ensuring adherence to the new regulations.

Advantages of the new regulations include the potential for significant revenue generation, job creation, improved regulation, tax compliance, and the enforcement of ethical practices in the industry. However, there are concerns about potential resistance from operators and the impact on smaller gambling establishments that rely more on other forms of gambling.

For additional information and related links, you can visit the following:
– T&T Gambling (Gaming and Betting) Control Commission Official Website
– Trinidad and Tobago Customs and Excise Division Official Website
– T&T Government Portal

The source of the article is from the blog newyorkpostgazette.com