The Business Times
business-time-50

Casino tax rates to rise; entry levies up by 50%

A tiered tax structure takes effect from March 2022; higher levies start Thursday

google-preferred-sourceAdd BT as a preferred source
Published Wed, Apr 3, 2019 · 09:50 PM
    Changes to the casino tax structure

    Singapore

    THE government will be introducing a tiered casino tax structure with higher tax rates effective in March 2022, on the back of additional gaming provisions for Singapore's two integrated resorts (IRs) as they commit to a S$9 billion investment to ramp up facilities and attractions over the next few years.

    This will be accompanied by a 50 per cent increase in casino entry levies for Singaporeans and permanent residents which kick in on Thursday.

    Resorts World SentosaMarina Bay Sands

    TRENDING NOW

    Liang’s net worth more than doubled to US$36 billion, from around US$16.7 billion, according to the Bloomberg Billionaires Index. 

    DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator

    Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

    What makes a good job? Feeling that you matter

    US Secretary of State Marco Rubio (far left) and Treasury Secretary Scott Bessent listening as President Donald Trump (centre) speaks to the media on the sidelines of a Nato summit in Ankara, July 8, 2026.

    A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process

    Andrew Burych, managing partner and head of East Asia for Brookfield’s real estate group, is still bullish on industrial assets in Singapore.

    Brookfield eyes further Singapore acquisitions after investing close to S$900 million

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More