Tag: Gambling

Philippines to be a premier gaming destination, Duterte directive

Manila— Casinos are big business in the Philippines, and the industry is definitely growing. In the first quarter of this year, PAGCOR, the Philippine Amusement, and Gaming Corporation reported earnings of PHP18.27 billion (S$477 million) from gaming operations, up by over 15 percent from...

Integrated Resorts committed to investing $9b on expansion plans in Singapore, Chee Hong Tat reveals

The new investments by the integrated resorts will create many jobs for Singaporeans and business opportunities for local companies, said Senior Minister of State Chee Hong Tat.

Money-lending: a blight in the heartlands

The problem with moneylending in the heartlands is that the lenders are there in such large numbers. Will “regulating” these monleylenders cut down the numbers? There are 206 licensed moneylenders in Singapore, which is 27 per cent above the ideal number of moneylenders according to...

Gambling: The plus and minus

Marina Bay Sands
By Gaurav Sharma When Resorts World at Sentosa (RWS) and Marina Bay Sands (MBS) first opened their doors in 2010, Singapore Citizens and Permanent Residents (SCPRs) made an average of 20,000 visits to the casinos daily. But last year, this figure declined to 17,000, which...