Extract from his interview with Washington Post before his forthcoming visit to Washington:
Question: You decided recently to allow gambling in Singapore. Has this been a boost for the economy?
Answer: For a long time, we fought in principle against casinos. Finally, we were persuaded it's big business and if we were not in it, someone else would. It was becoming increasingly difficult to shield our people from gambling. We can't be the nanny. Economically, it has worked out very well. The social impact - we'll have to wait a few more years to see.
Question: You decided recently to allow gambling in Singapore. Has this been a boost for the economy?
Answer: For a long time, we fought in principle against casinos. Finally, we were persuaded it's big business and if we were not in it, someone else would. It was becoming increasingly difficult to shield our people from gambling. We can't be the nanny. Economically, it has worked out very well. The social impact - we'll have to wait a few more years to see.