FAP: Casinos Have Benfitted SGs. How?

makapaaa

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[h=2]Govt paper: Negative impact of casinos is ‘under control’[/h]Posted by temasektimes on July 7, 2012

The two casinos have been operating for two years now and their negative impact on Singapore society are largely ‘under control’, proclaimed a government public ‘consultation’ paper.

In a comprehensive report published in the state media, the paper claimed that “the IRs have brought about economic benefits and the negative impact of the casinos on the law and order, and social aspects are under control.”

Meanwhile, the Casino Control Act is proposing a ‘visit limit’ to protect financially vulnerable local patrons who visit the casinos frequently.
The amendments also strive to enhance the law enforcement levers, streamline regulatory requirements and operational processes so that they keep pace with international best practices and industry developments, strengthen social safeguards and improve the tax administration.

The Singapore government proceeded to build the two IRs and casinos amid stiff opposition from some segments of Singaporeans.

Though it claimed that the IRs will help ‘create’ jobs for Singaporeans, it appear that many of their staff are foreigners and newly ‘converted’ PRs and citizens.
 
Will they ever dare to do an analysis on the number of jobs created in the 2 IRs and how many of them have gone to foreigners and how many to sinkies? I "bet" not. Don't forget also to recall the speeches made before the 2 IRs were opened and the figures given for jobs created for sinkies and do a comparison against the reality.

I'm not as much against the casinoes as against the proliferation of "licensed money lenders". It could be argued that the casinos can draw tourists, business travellers and the wealthy living in SG. The "licensed money lenders" basically only draws desperate borrowers. As one of our forummers (think it was Narong) pointed out, the increasing "licensed money lenders" is mainly to deflect from solving the real problems of ah longs, to continue ignoring the plight of people needing urgent funds, to continue the unspiralled money flowing in the casinos and other betting outlets and to boost gdp without actually having any real value or wealth creation. No rich person or person with cashflows coming in and for some reason was rejected by the financial institutions, is going to borrow from a "licensed money lender".
The latter also need to examine their business models carefully, they will get customers borrowing from ah longs to pay them and worse, customers borrowing from them to pay ah longs.

On another side topic, is there anyone here who has NOT visited the 2 casinos in SG?
Keechiu here.
I have visited overseas casinoes while on vacation or business trips, but never the 2 in SG.
Prefer to place small bets at SG pools, betting at the casinos could lead to a sequence of rolling downhill including visiting "licensed money lenders" or even ah longs. If you are not filthy rich or are not comfortable that you can control, better not to visit.
 
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Got benefit! Got benefit!
*sob sob*

Boon+Heng-1.jpg
 
What benefit??????????

90% employee in both casino is FT. Pink IC very few.
Many family break up/divorce/ ..............................
Not a single good point.
Only Government get tax about $1b/year.
$1b/year end up losing billion billion by Singaporean.
 
Got lah, they created dish washing jobs paying $50 a day solely for Singaporeans.
 
One can easily notice young SGs taking instructions from Pinoys and other foreign supervisors at the casinos and hotels. The worrying thing is that these young SGs will grow up getting used to be boss around by Foreigners instead of retaking ownership of their own country.
 
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