Casino Nepal
Casino Nepal – Money roulette wheels spin again in Nepalese casinos The government has allowed closed gambling casinos to reopen after being closed for a year and a half due to virus restrictions.
The government allowed closed gambling houses after a year and a half, and also gave them a full exemption from the annual license fee for the last tax year, which ended in the middle of July.
Casino Nepal
On March 10, 2020, the government stopped issuing tourist visas on arrival to travelers from China, Japan, Italy, Iran and South Korea who have been severely affected by Covid-19.
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Nepal has maintained a total lockdown since March 24, with the entire population ordered to stay indoors to prevent the spread of the coronavirus.
“Casinos have been allowed to resume operations in accordance with the decision of the Kathmandu District Administration Office on September 1 to allow business and social activities in accordance with health and safety protocols,” said Taranath Adhikari, a spokesman for the Ministry of Tourism.
Nepal lifted the last remaining restrictions on tourism last week. On September 23, the government dropped the seven-day quarantine requirement and replaced issuing visas on arrival to all vaccinated foreign travelers in an attempt to revitalize the virus-ravaged tourism industry.
Visitors must receive their last dose of Covid-19 vaccine at least 14 full days before entering Nepal. Non-vaccinated or partially vaccinated persons do not receive a visa on arrival. They must obtain entry permits from Nepalese diplomatic missions and spend 10 days in quarantine in government hotels.
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“More than half a dozen casinos, including Casino Mahjong at the Soaltee Hotel, Casino Pride at the Annapurna Hotel, Casino Pride at the Hyatt Regency and Deltin Casino at the Kathmandu Marriott Hotel, have already opened their doors to players,” said Surya Bahadur . Kunwar, President of Nepalese Independent Union of Hotel, Casino and Restaurant Workers (Central Committee). “Other casinos are slowly recovering.”
However, all casinos must still renew their operating licenses for this financial year by paying royalties.
More than 15,000 people have been laid off from the casino industry. “Hotels paid their employees minimum wage even though they remained closed. Casinos do not fire workers, but they do not pay their salary. We hope that the industry will recover and workers will return to their jobs.
Parbat Giri, an official at the Department of Tourism that oversees the country’s casinos, said many casinos have applied to reopen as soon as the second lockdown is lifted.
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The government issued another stay-at-home order on April 29 after Nepal experienced a resurgence of Covid-19 cases with daily infections approaching 10,000.
On Wednesday, Nepal reported 892 new cases of coronavirus in the last 24 hours, bringing the national number of infections to 794,163. Likewise, 265 people tested positive in 3,889 antigen tests, according to the Ministry of Health.
Giri said casinos have also applied to renew their annual operating permits. “We will start renewing their permits when we have received approval from the Ministry of Finance under the Finance Act.”
The Finance Act set the annual license fee for this financial year 2021-2022 at Rs 40 million. The government collects more than 425 million rupees annually from casino licensing fees.
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Acting on the recommendation of the department, the Ministry of Finance denied the annual license for the most recent tax year 2020-21, because all the casinos were closed, officials of the department said.
The Finance Act says that the annual license fee will only be waived for those casinos that have paid the fee regularly by 2019-2020 and have no tax debts to the government.
On March 24, the office of Kumari Chowk, which audits government accounts as part of the Office of the Auditor General, duly wrote to federal, provincial and local ministries to help it recover debts that had accumulated over several years.
According to the notice, Rakesh Wadhwa, the absconding owner of the Nepal Recreation Centre, owes the highest amount of Rs 793.90 million. The company has about 3.5 acres of land and a house in Kalimati.
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Nepal Recreation Center operated four casinos – Casino Nepal located at the Soaltee Crowne Plaza Hotel, Casino Anna located at the Annapurna Hotel, Casino Tara located at the Hyatt Regency Hotel and Casino Everest located at the Everest Hotel – all of which closed.
In June 2011, the government revoked the concession of the Nepalese recreation center after non-payment of taxes and royalties to the government.
Radhe Shyam Saraf, the CEO of the Yak & Yeti hotel that houses Casino Royale, owes the government 176.20 million rupees.
Surendra Bahadur Singh, operator of mini-casino known as Happy Hour, owes Rs 102.87 million; and RD Tuttle, who opened Nepal’s first modern casino, Casino Nepal at the Nepal Recreation Center, owed Rs 1.19 million.
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In April 2014, the government decided to close all casinos that do not comply with the Casino Regulations 2013 and revoke the licenses of those that do not pay royalties.
However, these casinos and mini casinos continue to operate, benefiting from an interim Supreme Court order allowing them to remain open.
According to department officials, the interim regulation allows gaming houses to operate under the old regulation, but they are legally required to pay an annual license fee set in the Finance Act.
According to the department, approximately eight to nine casinos comply with the Casino Regulations 2013 and regularly pay royalties and other fees in accordance with the regulations.
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Sangam Prasain Sangam Prasain is the business editor of The Kathmandu Post covering tourism, agriculture, mountaineering, aviation, infrastructure and other economic matters. He joined The Kathmandu Post in October 2009. Bally’s Nepal Casino is located in the center of the tourist attraction of Nepal’s capital, Thamel, in Kathmandu. It is within walking distance of the city centre, Thamel and the Royal Palace.
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An amazing casino, top-notch entertainment and the best food and drinks on account of the company. Very nice staff and top class dealers, very polite and friendly staff. A must visit place when you are in Kathmandu
Very nice service, nice interior, delicious drinks and food and a very relaxed atmosphere – I recommend this casino. If youare in Kathmandu, do try it.
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