Investigations launched into alleged illegal activities in S'pore casinos
The Casino Regulatory Authority said it has received information alleging illegal activities in the casinos here and that the authorities have initiated investigations.
The CRA also said that Las Vegas Sands Corp CEO, Sheldon Adelson, had during a forum, suggested that the government had not made up its mind about allowing junkets to operate in Singapore.
Dismissing this as inaccurate, CRA explained that the Casino Control Act provided for the licensing of junket operators and representatives. Junket operators and representatives who meet the regulatory requirements would be allowed to operate in Singapore after being licensed.
In fact, CRA has received junket applications endorsed by Resorts World Sentosa and they are being processed.
However, the Authority warned that it will not tolerate the situation of any person organising, promoting or conducting a junket in Singapore casinos without a licence.
When contacted, Singapore's Resorts World Sentosa said it holds in high regard Singapore's casino regulatory regime and works closely with Casino Regulatory Authority on all compliance matters.
Likewise, any casino operator who allowed a person who is not licensed by the CRA to organise, promote and conduct junkets would also be liable to disciplinary action.
CRA added that anyone with specific and credible information on illegal activities, including illegal junkets, in the casinos should inform the CRA and the Police.
-News courtesy of Channel Newsasia-
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