The proposal will oversee operation and control of casinos and electronic betting centers.
From Nacion.com: "Jorge Hidalgo, vice president of the Costa Rican Casinos Association, said that they support more regulation, but assured that the 2% raw income tax is way too high."
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The Law Project that regulates bets, casinos and other gambling games was presented at the Congress.
The activity will have a 2% tax over gross revenue, and will have to be declared and payed among the first 10 days every month.
Aditionally, "...each casino or gambling house will have to obtain an operations license, issued by the National Regulatory Comission of bets and gambling games", according to La Prensa Libre in its website.
Virtual casinos operating from Costa Rica will be regulated by this proposed law.
The law regulates gambling done in the country, "independent on where the gambler is located".
Irene Vizcaíno wrote in Nacion.com: "With this clarification, the Tax Authority is rubbing its hands, as according to its data, between the Caribbean Island of Aruba and Costa Rica lies 50% of the global electronic gambling business, generating over $14 billion a year".
The new law creates a regulatory framework for casinos, game houses and slot machines and will come into force in December.
Law 766 was passed last May and published in the official gazette in July, and the Nicaraguan Tourism Institute (Intur) will be responsible for its implementation.
If the bill presented to the Legislative Assembly is successful, a 15% tax will be levied on casinos' gross earning.
The previous government's proposal also includes an annual charge of $50,000 payable by electronic betting houses located in the Costa Rican national territory.