RD$10m (U$S315,850), the business pays RD$1m (U$S31,585) for a change in administration and pays RD$500,000 (U$S15,792) for a licence to sell machines.” Tese fees are still in effect today. Te latest fee came in 2015 when the government imposed a charge of RD$150,000 (US$3,235) for those operators wishing to host Black Jack tournaments on their premises.
In 2010 under law 07-2010 casinos as well as lottery agencies and sports betting shops were also required to charge an additional 15 per cent on winning bets. In 2011 taxes on casinos were increased again under a new law designed to increase tax revenue for education. Casinos were singled out as were sports betting shops and lottery outlets.
Te new law simplified the tax basis for casinos but raised taxes to RD$32,500 (US$701) for the first category of casinos, RD$37,500 (US$809) for the second category and RD$50,000 (US$1,080)for the third regardless of thier geographical location. However, taxes were also
placed on slot machines depending on the physical location of the casinos with those being based in Santo Domingo falling into the highest tier, Santiago the second and the rest of the country the third. Te government revises this amount on a regular basis.
According to the latest data available casinos with 1- 15 tables pay RD$37,803 (US$815) per table. Tose with 16- 35 tables pay RD$43,619 (US$940) per table and those casinos with 36 tables and upwards pay RD$58,159 (US$1,253) per table.
Casino operators also pay RD$9,972 (US$214) per slot machines for casinos in Santo Domingo, RD$8,477 (US$182) for casinos located in Santiago and RD$7,195 (US$155) per slot machine for the rest of the country.
In addition according to the 2011 law, slot machines in casinos must also pay five per cent on gross sales for each slot machine regardless of its physical location.
OPERATORS Te largest concentration of casinos is in Punta
Cana which has 18 casinos. Tis is followed by Santo Domingo which has 12 casinos, Punta Plata which has six and Santiago which has five. Te largest casino is the 4,180sq.m Hard Rock in Punta Cana located on the east coast of the Dominican Republic.
Te casino houses more than 450 slot machines and more than 40 gaming tables and offers blackjack, roulette, craps and baccarat as well as many other games. It also houses a 5,000sq.ft sportsbook, which boasts more than 55 HD screens, making it the largest sports books in the Caribbean. Its sports betting facilities offer betting on more than 100 different types of sports and events.
In January 2016, Hard Rock International, revealed plans for its second hotel and casino in the Dominican Republic, Hard Rock Hotel & Casino Santo Domingo, located in the capital. Te full service hotel is scheduled to open in late 2017, and will feature 400 hotel rooms and will
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