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Friday, August 31, 2012
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Singapore fines casinos US$1m for breaking social rules - The Standard
Singapore fines casinos US$1m for breaking social rules - The Standard
Singapore's two casinos have been fined more than US$1 million since they opened in 2010, mostly for violating laws aimed at deterring locals from gambling, official data showed.
The US$1 million mark was passed yesterday after the Marina Bay Sands and Resorts World Sentosa casinos were fined S$357,500 (HK$2.2 million) and S$140,000 respectively by Singapore's Casino Regulatory Authority, AFP reports.
The casinos were punished for “breaching social safeguard requirements during the period May 1, 2011 to October 31, 2011'', CRA said in a press release on its website.
The violations included allowing Singapore citizens and permanent residents entry into the casinos without paying compulsory S$100 entry levies and permitting them to remain in the premises beyond the 24-hour time limit.
Foreigners are exempt from the entry fee, which was introduced as part of government efforts to address public concern over gambling-related social ills.
The two casinos had previously been punished for similar breaches, with MBS and RWS in February slapped with fines totaling S$385,000.
Singapore's two casinos have been fined more than US$1 million since they opened in 2010, mostly for violating laws aimed at deterring locals from gambling, official data showed.
The US$1 million mark was passed yesterday after the Marina Bay Sands and Resorts World Sentosa casinos were fined S$357,500 (HK$2.2 million) and S$140,000 respectively by Singapore's Casino Regulatory Authority, AFP reports.
The casinos were punished for “breaching social safeguard requirements during the period May 1, 2011 to October 31, 2011'', CRA said in a press release on its website.
The violations included allowing Singapore citizens and permanent residents entry into the casinos without paying compulsory S$100 entry levies and permitting them to remain in the premises beyond the 24-hour time limit.
Foreigners are exempt from the entry fee, which was introduced as part of government efforts to address public concern over gambling-related social ills.
The two casinos had previously been punished for similar breaches, with MBS and RWS in February slapped with fines totaling S$385,000.
Friday, August 24, 2012
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