Third Casino In Singapore
Speculation that a third casino licence is imminent for Singapore is rife.
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Under the Casino Control Act (2006), there are three types of exclusions from the casinos namely, Voluntary Self-Exclusion, Family Exclusion and Third Party Exclusion. Part X of the Casino Control Act also provides powers to the National Council on Problem Gambling (NCPG) to issue other exclusion orders to prohibit certain persons from entering. How many casinos are there in Singapore? Singapore has 2 Casinos. It is fourth in the world after The United States of America, Macau, and Canada.
IF Singapore would to issue a 3rd casino license where do you think it will be? For me, I think the former Tang Dynastic site in JLD will be a perfect site and I have good reason to believe it will happen because Singapore government have invested alot of money and effort into redeveloping the area and all they need is to have a cash machine to plant a theme park in that area. Casino Exclusion and Visit Limit are social safeguards that can help stop or limit problem gamblers and those in financial hardship from entering or frequenting the casinos in Singapore. Find out how these measures can help you and your loved ones.
The government is apparently balancing the benefits of the income stream with the ability of the city state to support three casinos. But the huge revenues it is raking in from the two casinos already there – Las Vegas Sands’ Marina Bay Sands and Genting’s Resorts World Sentosa - may be too big a temptation.
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The country rode out the recession well, thanks to its massive cash reserves and the Singapore dollar, which is currently at a high of around US$1.20.