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LKY on Casinos (July 2009 interview with National Geographic)

Rogue Trader

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Q: "I think that there is a lot of addiction in that, yes, there's no doubt about it. Speaking of that, so what made you decide to have these casinos?"

Mr Lee: "When I was a student in England, the only casino in Europe was in Monaco."

Q: "I remember that."

Mr Lee: "The younger ministers have said look, we must have a casino, otherwise, we are out of the circuit of this fast set that goes around the world, with F1 and so on. And it will increase the tourist trade because the casino will pay for all the shows. Otherwise, the shows are too expensive. So I've been resisting it and I've told the Prime Minister, I said no, no, don’t do that, you'll bring mafias here and money laundering and all kinds of crime."

Q: "I think it is a definite risk."

Mr Lee: "Then I see the British having casinos and Switzerland having casinos. I said God, the world has changed. If I don’t change, we'll be out of business. So alright, we'll put up two casinos, so obviously they are not going to target Singaporeans because there are not enough numbers for two casinos. So they got to bring them in from China, India and elsewhere and we have passed legislation to say that any family can ask for a ban on …"

Q: "A person from that family."

Mr Lee: "And the Singaporeans when they go in, they have got to pay $100."

Q: "That doesn’t sound quite fair."

Mr Lee: "No, they are going, driving up to a place called Genting, Star Cruises come in and they go outside the territorial limit and they gamble. So I said you do that because I do not want to be blamed and the Prime Minister doesn’t want, and his Cabinet doesn’t want to be blamed for those who get addicted. And there will be those who will get addicted."

Q: "How do you, are you still morally opposed to them or does pragmatism always take precedence in your thinking?"

Mr Lee: "Well, it is useless to resist when it is everywhere."

Q: "Well, the fact that it's everywhere, maybe it is the reason to resist."

Mr Lee: "No, you cannot stop it. You want to cut off the internet? You want to cut off your cellphones? You want to cut off satellite TV? Then you will become like Myanmar. It's not possible."
 

Rogue Trader

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Compare casinos with internet and cellphones?

Well Singapore still doesn't have satellite TV. Does that make us Myanmar??
 
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