She added that it was inappropriate to discuss tax rates with operators.

In a post-budget meeting interview, Planning Minister Camille Robinson-Regis said the tax measures were appropriate and the government would not change its stance on the matter.

On October 2, It surfaced that the Trinidad and Tobago government planned to double the level of taxes levied on the gambling industry. Proposed by Trinidad and Tobago's finance minister, Colm Imbert, as part of the budget plan for the 2017-18 fiscal year. News split the feathers of land-based casino operators, explaining that new tax levels are intolerable and are destroying gambling deals across the country.

Changes in the tax system have spawned a wave of discontent and even staged protests in front of Congress. Six small casinos couldn't pay such high taxes, so they decided to suspend operations. Even the T&T Member Club Association (TMCA) announced that the court would challenge the government's decision because officials did not discuss raising taxes with the union.

Apart from casino operators, casino employees and local residents also expressed dissatisfaction. This will increase unemployment nationwide and lead to the loss of jobs that many people desperately need. This will have a negative impact on the national economy because it will lose current stable income from operators. Officials in Trinidad and Tobago can best be described as abandoning their stable incomes and giving up hoping to boost the economy that is scarce. 온라인카지노

Last week, Sean Clarke, vice president of member club and lottery workers (UMCLW), reported that there were 9,000 people directly employed and more than 30,000 people indirectly participating in the casino industry. If the new tax system goes into effect in January 2018, many land operators will have to suspend operations or reduce the number of workers to reduce business costs. In response, the Robinson government warned that the government would not suffer losses for the first time.

Tobago Gambling Industry of the Future If there are many factors that determine the success and profitability of the gambling market, the tax system is paramount.