TODAY PESO LUCKY PLAZA RATE

Latest Philippines News

Latest Singapore News

Saturday, June 18, 2011

CRA to launch full-scale inspection of casinos




Models play a game of Three-Pictures for the media at the Resorts World Casino in Singapore in July. (Reuters)
The Casino Regulatory Authority of Singapore plans to conduct a full-scale inspection of the casino operations of Marina Bay Sands (MBS) and Resorts World Sentosa (RWS) in the city-state later this year.
Speaking at the CRA's Workplan Seminar 2011 on Friday, Richard Magnus, chairman of the casino watchdog, said the inspection would be timely as the so-called integrated resorts have been in operation for more than a year.

"Consider this as due notice having been given. This would be on top of our regular monitoring of the casinos," he said, adding that the inspections would include detailed on-site examination of electronic gaming equipment and comprehensive checks on the casino operations.
"This inspection of the casinos is necessary in determining whether the casino licensees are complying with the (Casino Control) Act, its regulations and licensing requirements, internal controls code, and approved game rules," he added.
He stressed that the watchdog takes seriously the task of upholding the reputation of Singapore as a clean, respectable gaming jurisdiction.
In May, the CRA fined RWS, owned by Malaysian gaming giant Genting Group, S$530,000 for breaching local gaming regulations. The agency said one of the breaches included the reimbursement of the mandatory S$100 levy that Singaporeans and permanent residents must pay in order to enter into a casino.
Download our free toolbar here

World Asia News

World U.S News