23 Feb '12, 10am

Casino News: Shift casino-focused policies to citizen-centric - Yahoo! Singapore News (blog)

Casino News: Shift casino-focused policies to citizen-centric - Yahoo! Singapore News (blog)

The policy to develop two casinos in Singapore, just like the one to allow a massive influx of immigrants, could possibly be held up as another "failed" policy by the ruling government. When I say failed, I mean this from a citizen-centric point of view. Certainly, the casinos have not let down the 10th Parliament government which passed the law as the casinos have generated a staggering amount of revenue thus far - profits reaped by ensuing parliaments. Holding its own against the global slumping economy, casino operators Marina Bay Sands and Resorts World Sentosa could certainly have qualified for a reality TV show called 'Asia's Next Top Money Machine', if there were one. Last year, Marina Bay Sands posted a gross gaming revenue of S$3.72 billion — almost 50 per cent of the total gaming win for the entire Las Vegas Strip over the same twelve-month period which ended on ...

Full article: http://sg.news.yahoo.com/blogs/singaporescene/shift-casin...

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