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France – Casino JOA de St-Brevin l’Océan recieves tax reduction due to COVID

By - 10 November 2021

Due to the pandemic, the Casino Joa de St-Brevin l’Océano  in the Loire-Atlantique department in western France has been given a tax reduction on its gross gaming revenue of six per cent.

The municipal council said it was looking to address the loss of revenue from the casino, linked to its closure due to the health crisis.

Mayor Yannick Morez, initially suggested canceling the levies owed to the municipality on gross gaming revenue (GGP). But this proposal was rejected by the sub-prefecture. At the request of the company Sobalto, the casino delegate since April 25, 1016, the municipality agreed to reduce the levy on GGR for the fiscal year from November 1, 2020 to October 31, 2021, thus bringing the payment to about €1.6m.

The city council has therefore announced that a discount of €144,000 must be granted to the operator.

The casino of Saint-Brevin-les-Pins, owned by the Joa group, ranked 87th in the ranking of French casinos in 2018-2019, the last year before the pandemic, with a GGR of €9.611m.

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