"The Slovenian government has agreed to amend legislation to allow the US firm Harrah's to help build a 750-million-euro (1.01-billion-dollars) entertainment park in western Slovenia, a spokesman said Tuesday.
'The government has decided to propose parliamentary changes in the gaming law in order to enable this and similar projects,' Andrej Sircelj, Finance Ministry state secretary told journalists.
He said the stake in domestic gaming companies that could be owned by foreign investors would be increased from 20 to 49 percent and the tax on profits from gaming would be cut from 38 percent to 17.5 percent.
The decision comes two years after Harrah's Entertainment and the Slovenian Hit Group, holding the largest casinos in the tiny European Union state, started talks on building a mega-entertainment park in Nova Gorica, a region bordering Italy."
Source: AFP
Wednesday, June 6, 2007
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