Since 플러스카지노 pays 25 percent of its net profit before corporate tax deduction to Gangwon Province under Article 11 of the Special Act and Article 16 of the Enforcement Decree, the amount of payment will also increase if Kangwon Land's operating profit increases.

However, with Kangwon Land's performance expected to plunge to Corona 19, dark prospects are rising that Gangwon Province will also reduce taxes it will collect from Kangwon Land.

Lee Hyo-jin, a researcher at Meritz Securities Co., predicted that if Kangwon Land closes its casino operations until June, Kangwon Land's operating loss in the second quarter of this year will reach 94.3 billion won. Previously, the researcher expected Kangwon Land to reap 127.8 billion won in operating profit in the second quarter.

Due to the Korona 19 incident, Kangwon Land decided to take an unprecedented long-term leave of absence from Feb. 23 to April 20. It may increase further depending on the situation.

Gangwon Land's estimated sales loss from 57 business days alone amounted to 209.6 billion won.

In particular, local residents and communities, who feel as if they felt a similar situation in advance after the special law due to the prolonged Corona 19 incident, are raising their voices more over the extension of the special law.

In the community, the Corona 19 will put Kangwon Land on lockdown, with retail stores, restaurants, taxis and buses all taking a beating around Kangwon Land.

A local resident wrote on an online community, "It feels like I'm seeing in advance after the end of the special law five years later," adding, "Not only nearby shops but also small taxi drivers are having a hard time."
 
If the special law is not extended, Kangwon Land will lose its exclusive status as the only casino in the country capable of entering Koreans.

Expectations are growing for the market and the local community over the extension of the statute of limitations for Kangwon Land's special law on supporting the development of abandoned mines as candidates for the general elections pledged to extend the special law on supporting the development of abandoned mines.

In particular, the call for the extension of the special law could be bolstered as the closure of Kangwon Land is prolonged due to the Corona 19 and there are growing concerns in the local community that it seems to feel the end of the special law, such as a tax reduction and an economic slump.

13, Gangwon-do, Korea, and donghae, Samcheok-si, Gangwon-do, Jeongseon-gun, Gangwon-do, Taebaek-si, Looking at the candidates for the National Assembly of the pledge to run for most of the extension of the law regardless of party candidates are promising.Are under.

Kim Dong-wan, the candidate of the Democratic Party of Korea, said, "We cannot give up because it is the result of the struggle of the residents of the special law and the seed of hope in the abandoned mining area," and pledged to "extend the special law until 35 and abolish the law deadline as a long-term task."

Lee Chul-kyu, a candidate of the Future Integration Party, also said, "We will extend the validity period of the special law by 10 years to support stable development of abandoned mining areas,"

and added, "We need to create an environment where Kangwon Land can exist permanently so that the next generation can design the future of Jeongseon at ease."

Candidates for local lawmakers are all pledging to extend the special law because Kangwon Land is not only a key source of tax revenue in the community but also a pivotal role in the local economy.

According to IR data released by cassbet.com on its website, Kangwon Land paid 145.5 billion won as a fund for the development of abandoned mines for all of 2019.

Compared with Kangwon Land's payment of 124.8 billion won in 2018, the figure rose 16.5 percent. This is due to increased sales and operating profit of Kangwon Land.