The Hellenic Gaming Commission recently ordered the casino at Club Hotel Casino Loutraki in Greece to close temporarily. The casino had not complied with a court-issued order to immediately pay taxes of .93 million that had been due for three months.
The casino acknowledged the debt and assured the gaming commission it would pay. However, the deadline passed and the casino remained closed.
Casino officials noted all companies operating in the sector pay a 32 percent tax and the Greek Organisation of Football Prognostics, which oversees the national lottery and sports betting, pays 30 percent. But Loutraki Casino must pay a higher 35 percent tax. “Unfortunately, we did not manage to collect the amount on time,” said a casino spokesman, adding casino officials are “struggling to collect the money in order to be able to open.”
A Greek court ruled against the casino in July. Since then the amount owed has grown to the point where officials closed the casino.
