The municipal council was the one that talked about the increase. Pablo Montoya explained that, given the problems that have happened about the quotas that the township must charge, the congressmen of the AN decided to raise the tax to a 40% on the net income of the benefits that bingos and casinos may have.
About the Valence Mayoralty, the council said that the percentage will be calculated based on the net income, so the quotas should be set according to the Bingo, Casino and Slots Control Law, because the average to cash out for the municipalities is half of the amount on a national level.
Montoya said: “When you go to a bet house, you invest, for example, 100 thousands bolivares in a slot machine, the person that has just started playing has to be charged with 6000 bolivares in Valence, but if its done the way the councils set it, after the person withdraws the prize bingers will claim that they have losses so they’ll never pay off the municipal tax. At least now they’ll have to hand in 40% of the net income”.

