Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

Bring_Back_Shantz · 10-26-2009, 08:28 AM

One of the big issues (at least in Alberta, as that's where I'm familliar with) is not necessarily the taxes that casinos pay. It's the fact that money made by casinos must be allocated to a charity, and the casino is basically making rent money off of their building.

The difference with Native casinos is that they aren't required to host charities, so they get to keep the gaming revenue.

You couple that with the fact that they don't have to pay any tax on it, and you've got one hell of a money maker.

10-26-2009, 08:28 AM	#22
Bring_Back_Shantz Franchise Player Join Date: Jul 2003 Location: In my office, at the Ministry of Awesome! Exp:	One of the big issues (at least in Alberta, as that's where I'm familliar with) is not necessarily the taxes that casinos pay. It's the fact that money made by casinos must be allocated to a charity, and the casino is basically making rent money off of their building. The difference with Native casinos is that they aren't required to host charities, so they get to keep the gaming revenue. You couple that with the fact that they don't have to pay any tax on it, and you've got one hell of a money maker. __________________ THE SHANTZ WILL RISE AGAIN. <-----Check the Badge bitches. You want some Awesome, you come to me!