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Even according to your maths, it should be per day, not per visit. It's quite a reasonable pro rata way of refunding regardless of how many visits.
Anyway, in this I even disagree with GMS. I support a total abolition of all levies, per entry and per year. Your suggestion of a casino card system, pre-qualified with income and credit rating requirement sounds not bad.
I am not sure whether you have been to the IR, but the levy must stay. Those foreign workers go into the casino FOC, standing behind your back, breathing down your neck looking at how you are playing. Some go in bet $5, stack on your chips. If there is no levy, more people will go in and look see look see. Even more fun punters will go in and throw their money. Casino card system let's say base on your income, you earn $1600/mth, 10% to bet only, so this guy can only bet $160 per month, can only afford to lose $160 and then casino must tell him, Sir sorry, you cannot place a bet anymore.
Leave the casino to those who really want to gamble, the $100 can deter those with 50/50 thinking.
The credit rating will never work. There are many people who have credit card debts and their credit rating is based on their income but why do they still have debt and some even bankrupt. And the funniest thing is these people are not even GAMBLING.