🔥 Singapore gambles on open debate - Chicago Tribune

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It is too early to tell, though, whether they will succeed, as Singapore hopes, in transforming its image, culture and mind-set. Since its opening, the Malaysian-owned Resorts World Sentosa — which includes a Universal Studios theme park and buildings designed by the architect Michael Graves — has averaged an occupancy rate of 90 percent at its hotels on weekends and 80 percent on weekdays, Mr.

The so-called minister mentor of a government led by his eldest son, Mr. But with casinos opening elsewhere in Asia to cater to newly rich Asians, Singapore engaged in an intense debate over casino gambling in Reversing himself, Mr.

While hoping to draw free-spending Chinese, Indonesians and other foreigners to the establishments, the government has imposed strict reporting regulations that make it difficult for the casinos to draw high rollers, who typically make up a disproportionate share of casino revenues.

In Asia, especially in Macao, high rollers are usually shuffled from one casino to another by tour operators who guarantee their privacy.

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Lee, 86, still casts a long shadow over this city-state. Koh said of casino gambling. Almost 30, people, mostly recipients of public assistance or those who have filed for bankruptcy, are automatically barred from entering. For decades, Singapore adamantly rejected casino gambling, fearing the emergence of money-laundering, addiction, prostitution and other problems associated with large-scale gambling. The regulations have effectively forced the casinos to seek high rollers on their own by inviting big-betting guests from their casinos outside Singapore. So far, the news media here have reported that locals have accounted for a greater share of gamblers than had been expected; Sands, which opened in late April, attracted bad press when participants in the first conference held there complained of power failures and other problems. Goh declined to release details about the visitors to the casino itself. But casino gambling remains politically sensitive. Goh said. Whether the resorts eventually attract the sought-after buzz and foreigners, especially when they are fully running later this year, remains to be seen. But two casinos, as grandiose and gaudy as anything in Las Vegas or Macao , have opened here recently — with his blessing. Tickets to Universal Studios have sold out on several weekends, he said.