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Singapore regulator fines Resorts World Sentosa S$0.5 million for rule breaches

Newsdesk by Newsdesk
Wed 18 May 2011 at 10:49
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REUTERS

Singapore’s Casino Regulatory Authority (CRA) said on Wednesday it has fined the Genting Singapore gaming property Resorts World Sentosa (RWS) a total of S$530,000 for four breaches of its rules.

RWS was fined for reimbursing the entry levy payable by Singapore citizens and permanent residents, as well as for failing to ensure that casino surveillance footage from several cameras was retained for the specific period required by CRA, the regulator said in a statement.

‘The disciplinary action taken serves to remind casino operators to act responsibly to uphold the integrity of social safeguards put in place by the authorities,’ said T Raja Kumar, chief executive of CRA.

Las Vegas Sands’ Marina Bay Sands is the only other casino resort to be allowed in the city-state after Singapore legalised casino gaming in 2005 as part of a plan to boost tourism.

Genting’s US$4.8 billion Resorts World at Sentosa opened its doors in February last year, making it the world’s third most expensive casino complex after MGM’s CityCenter in Las Vegas and Marina Bay Sands.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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