• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Laos govt eyes higher 2020 casino gaming levy: reports

Jun 25, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  


Laos govt eyes higher 2020 casino gaming levy: reports

Casinos and casino games in Laos will be subject to higher “levy” if a new law on the country’s excise duties comes into force “in January 2020”, according to several media reports.

A “levy” on casinos and casino games would “increase from 35 percent to 50 percent”, according to media reports carried by China’s Xinhua news agency and Laos’ English-language media outlet Vientiane Times.

The reports did not clarify what form such a levy would take. In many Asia-Pacific casino jurisdictions, a tax is imposed on a percentage of gross gaming revenue wagered. In some – commonly jurisdictions without a specific gaming law – there is no GGR tax but instead a flat tax is levied on casino operations and/or on gaming tables and machines.

A senior executive of Hong Kong-listed casino services firm Macau Legend Development Ltd – which runs in Laos the Savan Legend Resorts Hotel and Entertainment Complex including a casino – recently told GGRAsia that his firm expected the Laos government to introduce changes in taxation terms for gaming operations in the country, possibly involving a “standardising” of gaming-related taxation and regulations, for all districts across the country.

According to the Xinhua and Vientiane Times reports, an aim of a raft of taxation changes was to target activities that were considered either luxuries or vices rather than necessities of life.

They included a higher excise tax on golf business operations, raising it from “10 percent to 25 percent”.

A draft law on excise duties was presented by Lao deputy prime minister and minister of finance, Somdy Douangdy, at a debate in the country’s National Assembly (pictured) last week.

The Lao government reportedly listed 18 items and services to be covered by the new draft law. They included fuel, vehicles, alcoholic beverages and other “extravagant products”. Other services to be subject to the new law include vehicle racing, cock-fighting and horse racing, according to Vientiane Times’ report.


  • tweet
Related articles
  • Legend Palace sole casino satellite op of Macau Legend: firm
    Legend Palace sole casino satellite op...

    Jan 10, 2023  

  • Macau Legend to run satellite casino ops under SJM
    Macau Legend to run satellite casino...

    Jan 09, 2023  

More news
  • Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook
    Donaco posts US$1.3mln 4Q EBITDA, flags...

    Jan 31, 2023  

  • Tak Chun execs knew illicit to settle proxy in Macau: trial
    Tak Chun execs knew illicit to settle...

    Jan 31, 2023  


Latest News

Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

Jan 31, 2023  

Border-casino operator Donaco International Ltd reported quarterly earnings before interest, taxation, depreciation and amortisation (EBITDA) of AUD1.78 million (US$1.25 million) for the fourth...
Read More
Tak Chun execs knew illicit to settle proxy in Macau: trial

Tak Chun execs knew illicit to settle proxy in Macau: trial

Jan 31, 2023  

Chinese comeback limited impact on Singapore IRs: bank

Chinese comeback limited impact on Singapore IRs: bank

Jan 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$1.08 billion

Total income for 2022 reported by the Philippine Amusement and Gaming Corp



Most Popular

  • Available Macau casino tables busy at tail of CNY holsAvailable Macau casino tables busy at tail of CNY hols January 27, 2023
  • Almost half million visitors to Macau for 7 days of CNY holsAlmost half million visitors to Macau for 7 days of CNY hols January 30, 2023
  • Macau visitor momentum kept for post CNY weekendMacau visitor momentum kept for post CNY weekend January 30, 2023
  • Macau CNY mass GGR maybe 60pct plus of CNY 2019: JPMMacau CNY mass GGR maybe 60pct plus of CNY 2019: JPM January 31, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us