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The ministry mentioned such contribution was calculated as a percentage of the industry’s total gambling sales income. For any individual casino company with annual sales revenue of below KRW1. billion, the levy was set at 1 percent of such income. Cambodia’s Nagacorp Ltd has also noticed earnings surge thanks to demand from Vietnam and wealthy southeast Asian buyers. At Paradise’s 3 casinos, Chinese VIPs made up 55 percent of betting final year.
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