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The Australian Council General in Shanghai says that the sentences will be applied from the time that the Crown Resorts employees were incarcerated. The Crown Resort trial outcome means that the employees have served sometime already and will continue to serve the remaining months. The employees are expected to adhere to the ruling within a year.
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However the arrest of 18 employees by the Chinese government for gambling crimes last month has since affected business, in particular the inflow of visitors to its Australian casinos. According to analysts, the company is waiting for the situation to settle down before moving forward with the restructuring proposal.
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The Western Australian government has passed a new gambling law for gambling tax. Gamblers will have to pay tax when they playing casino games. The new launched law will be effective from January 2018. Western Australia Government declared a 15 percent point of consumption tax. This was announced in its budget on the 7th of October 2017. The tax law is much similar to a tax law introduced by South Australia in July 2017. The new tax law will replace the current tax charter within the state. It will also apply to all kinds of betting such as fixed odds for sports and racing. Wagering and Racing WA boss said, “The tax would raise the overall tax burden on the betting agency, the TAB.”
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