Singapore Government Collected About $100M
Wednesday, 11th July 2012
In the first half of 2012, Singapore Government collected S$93 Million in Casino Entry Levies from locals visiting the city's two casinos. Which translated to about 2 millions Singaporean and PR visits a year. Or about 1,500 local visits each of the casino on any given day. The is a visible rise in gambling addiction amongst wealthy in Singapore. And going to the casino is becoming a social norm here.
The Singapore Government just added 15,000 more Singapore residents to its list of people banned from two gambling resorts, bringing the total to 28,000 who are bankrupt or depend on government assistance. Restricting the number of visits by Singapore residents is designed to keep locals from becoming addicted to gambling.