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Article talking about good and bad of casinos, i seriously think it's NO GOOD!
but on the other hand, there will be more to pick from the AV girls.
How well Singapore has succeeded in curbing the social ills from casinos is less clear.
An official list of those barred from casino entry, whether by family members, individuals themselves or restrictions covering those in financial difficulty, counted 47,178 residents in June 2011, according to the National Council on Problem Gambling. According to its latest figures, 325,033 people are now blacklisted, equal to some 5.8% of the city-state's resident population, with migrant workers accounting for the bulk of the additions. Casino operators Las Vegas Sands and Genting have been fined several times for failing to properly enforce entrance rules and for breaking regulations against catering to the local market.
Yin Shao Yang, a gaming analyst with Maybank Kim Eng, says Singapore's entry fee for locals has had an impact on casual visits: "The levy does help discourage residents from going to casinos. S$100 is not much for hardcore gamblers, but it is for non-gamblers."
Singapore's overall crime rate actually fell in 2010-2013, though it has since rebounded. However, Dick Lum, executive director of gambling addiction support group One Hope Center, said the number of people seeking help has risen from 100-200 people a year before 2010 to around 400. "A lot of families were devastated, a lot of lives ruined," he said.
For the operators, the Singapore resorts are quite profitable, but their enthusiasm has waned. Local revenues have been sliding, with Las Vegas Sands reporting a 5.2% drop here for 2016 and Genting a 7.2% fall. Genting laid off 400 workers last year. The operators want to offer new features to generate excitement but have been frustrated even trying to expand hotel capacity in the face of government constraints. Now both companies are talking up their prospects in Japan.
http://asia.nikkei.com/Business/Trends/Japan-s-entry-to-shake-up-Asia-s-casino-market?page=2
but on the other hand, there will be more to pick from the AV girls.
How well Singapore has succeeded in curbing the social ills from casinos is less clear.
An official list of those barred from casino entry, whether by family members, individuals themselves or restrictions covering those in financial difficulty, counted 47,178 residents in June 2011, according to the National Council on Problem Gambling. According to its latest figures, 325,033 people are now blacklisted, equal to some 5.8% of the city-state's resident population, with migrant workers accounting for the bulk of the additions. Casino operators Las Vegas Sands and Genting have been fined several times for failing to properly enforce entrance rules and for breaking regulations against catering to the local market.
Yin Shao Yang, a gaming analyst with Maybank Kim Eng, says Singapore's entry fee for locals has had an impact on casual visits: "The levy does help discourage residents from going to casinos. S$100 is not much for hardcore gamblers, but it is for non-gamblers."
Singapore's overall crime rate actually fell in 2010-2013, though it has since rebounded. However, Dick Lum, executive director of gambling addiction support group One Hope Center, said the number of people seeking help has risen from 100-200 people a year before 2010 to around 400. "A lot of families were devastated, a lot of lives ruined," he said.
For the operators, the Singapore resorts are quite profitable, but their enthusiasm has waned. Local revenues have been sliding, with Las Vegas Sands reporting a 5.2% drop here for 2016 and Genting a 7.2% fall. Genting laid off 400 workers last year. The operators want to offer new features to generate excitement but have been frustrated even trying to expand hotel capacity in the face of government constraints. Now both companies are talking up their prospects in Japan.
http://asia.nikkei.com/Business/Trends/Japan-s-entry-to-shake-up-Asia-s-casino-market?page=2
