The Government of Singapore is apparently looking into measures to restrict Singaporean access to online gambling. So says Minister S Iswaran. Speaking at at a Casino Regulatory Authority workplan seminar last week he told attendees that, “online gambling is a new and potentially more addictive form of gambling, with greater access to the young and vulnerable”. He said...
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Posts Tagged ‘ Singapore ’
Singapore looking to curb online gambling
Macau doing billion dollar days
Macau has unquestionably been the casino gambling success story of the post GFC era. Increases in gross gaming revenue from 2007 to 2011, in the order of 50% to 70% annually, were nothing short of staggering. 2012 was a different story. There was still growth (very healthy by Western standards), but nothing like preceding years...
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Singaporeans happy to pay casino entry fee
When they gave the go ahead for the construction of their two integrated casino resorts, officials in Singapore made no secret of the fact the fact that the target market was tourists not locals. The casinos would be the linchpin of an ambitious plan double the number of tourists visiting Singapore each year, and...
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Singapore junket operators to be known as International Marketing Agents
Singapore’s Casino Regulatory Authority (“CRA”) gave early indications that they would take an iron-fisted approach to regulation of junket operators. With the awarding of their first junket licenses last month, it’s pretty clear they aren’t softening their stance. It’s taken almost two years since Resorts World Sentosa and Marina Bay Sands first opened their doors and over...
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Casino rebate for Singapore Dollar, Malaysian Ringgit players
Bodog88′s Eagle Club Live Casino have reintroduced their 0.6% turnover rebate but this time it’s available to players betting in Malaysian Ringgit or Singapore Dollars. If MYR or SGD is your chosen betting currency at Bodog88 and you notify the casino that you want to be eligible for the weekly rebate bonus, then you...
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Singapore and Macau lift Las Vegas Sands
As the only company in the world with a major presence in each of the three largest casino gaming markets; Macau, Singapore and Las Vegas, I always think of Las Vegas Sands Corporation as a wonderful barometer for the fluctuating fortunes of these markets. LV Sand’s Q2 results were released Tuesday this week and...
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VIP player junkets: Macau and Singapore
There’s been a bit in the news lately about the role VIP junket operators play, or should play in two of the world’s biggest casino markets…Macau and Singapore. Over in Singapore, where no VIP operator (junket operator) licenses have yet been issued by Singapore’s Casino Regulatory Authority (“CRA”), Sands CEO Sheldon Adelson has accused...
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Casino trippin – East and South East Asia
Ask the Sands CEO Sheldon Adelson about whether there are enough casinos in East and South East Asia and I suspect he’ll tell you these markets are significantly under serviced. That’s the belief that he had back in early 2010 when posed this question by reporters on the eve of the launch of the...
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Singapore’s integrated resorts pulling the punters
Like moths to the flame the punters just can’t seem to stay away from Singapore’s shiny new integrated casino resorts. Since opening early/mid 2010, Resorts World Sentosa and Marina Bay Sands have been a huge success and are credited with boosting tourism numbers to Singapore last year. Not a small boost either. 11 million...
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Traditional casinos – where the action is
This is Lim Kok. Despite being one letter away from having an extremely unfortunate name he’s clearly a very happy man (just in case you’re dyslexic that letter is a ‘p’). He’s happy because he’s the Chairman of Genting Casinos, owner of Resorts World Sentosa – one of Singapore’s two new super casinos. RWS...
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