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Tuesday, August 20, 2013

Singapore tightens rules for LVS and Genting casinos







Singapore tightens rules for LVS and Genting casinos August 19, 2013 6:03 PM
by Ray Poirier

Las Vegas Sands Corp. (LVS) Singapore Casino Fearing a major scandal, Singapore officials have announced plans to tighten rules for public servants visiting the city’s two casinos operated by Las Vegas Sands Corp. and Malaysia’s Genting.

So far there have been only a few so-called “corruption charges” against public officials but the new rules will require civil servants to publicly declare the number of casino visits. Singapore’s residents must pay an entry fee to the casinos, thus making it easier to check visitations. Entering the casino on a daily basis costs $79 while an annual pass is $1,800.

The action comes on the heels of the firing of the city’s head of the anti-corruption agency. He was replaced after an assistant director was charges with misappropriation of funds.

Ray Poirier is the longtime executive editor at GamingToday.


http://gamingtoday.com/articles/article/42814-Singapore_tightens_rules_for_LVS_and_Genting_casinos


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