International edition
June 25, 2021

And 6 licenses to be renewed

Three casinos to face closure in India

(India).- The government is planning to close down three casinos that failed to clear royalty dues in time. Officials of the Ministry of Tourism and Civil Aviation (MoTCA) and the Department of Revenue Investigation (DRI) said they are writing separate letters to the Ministry of Finance (MoF) so that those casinos which cleared their dues can get their licenses renewed.

F

ive casinos - Casino Everest, Casino Tara, Casino Rad, Casino Venus and Casino Pokhara Grande - have cleared their dues worth more than us$ 1,4 million following the November 22 directive by Public Accounts Committee (PAC) to the government to close down the casinos failing to clear the dues within 15 days. PAC had directed the ministries concerned to collect the outstanding dues of us$ 9 million from nine casinos within 15 days.

After the PAC deadline expired, the casinos were  provided additional time until Friday (mid-December) to clear the dues along with accrued interest as per the existing Financial Act.

Out of ten casinos in the country, only Casino Shangri La had cleared the dues before PAC´s instruction. Casino Anna, which had the highest outstanding dues, cleared the dues for the last five months of the current fiscal year. But a source at MoTCA disputed the payment claim, saying Casino Anna has cleared the dues of us$ 369,106 only, which is the license renewal fee for this year.

Casino officials were arguing that they will not clear the dues for the period when Nepal Recreation Centre used to own the casino. Casino Anna still has to pay more than us$ 1.8 million to the government.

“We are going to seek permission for renewal of operating license of the six casinos that have cleared the dues but we have not decided anything about Casino Anna, which made only a partial payment,” the source said. Casinos have to pay a renewal fee of us$ 369,106 every fiscal year.

The government has already scrapped the operating license of NRC about six months ago. NRC was running four casinos - Casino Nepal, Casino Anna, Casino Everest and Casino Tara.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook