Mexico

Acapulco loses more than US$ 9 million for excluding legal gambling venues

(Mexico).- “Acapulco loses nearly us$ 9 million for not including legal gambling houses into the law of local incomes”, commented Emilio Peralta Manzanarez, President of the association Frente Amplio Democrático.
2007-02-05
Reading time 37 seg

He pointed that legal gambling houses, as well as companies in charge of the organization of draws and shows, bring the council a six percent of their incomes, but gambling houses just bring a 3.25 percent of its incomes to the federation.

That's why it critisizes the “lack of expertise and experience” in tax issues of those who

created the Law of Local Incomes, because Acapulco could obtain up to US$ 27,195 a day, because those businesses earn almost us$ 453,261 dayly.

Peralta Manzanares commented that for many years it had many debates to approve casinos, so local governments could obtain incomes, but now they do not pay any tax and that should have been planned by the Local Direction of Regulations and Shows.

“There are casinos that are operating in a legal way, without the intervention of the council, forgot to incorporate this sector to the law, and they are just charged a fee as a restaurant-bar”, he sostained.

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