{"id":34,"date":"2019-10-09T13:41:19","date_gmt":"2019-10-09T13:41:19","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34"},"modified":"2026-04-24T10:29:14","modified_gmt":"2026-04-24T13:29:14","slug":"cra-fines-singapore-casino-10x-more-than-last-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/cra-fines-singapore-casino-10x-more-than-last-year","title":{"rendered":"CRA fines Singapore casino 10x more than last year"},"content":{"rendered":"\n

Singapore\u2019s casino received ten times more penalties and fees than on the previous fiscal year.<\/p>\n\n\n\n\n\n\n\n

Singapore.- Singapore\u2019s Casino Regulatory Authority (CRA)<\/strong> – Singapore\u2019s gambling regulatory body – issued its\u00a02018-19 annual report. The report detailed an oversight of \u2013 Las Vegas Sands\u2019\u00a0Marina Bay Sands\u00a0and Genting Singapore\u2019s\u00a0Resorts World Sentosa. The CRA doled out \u20ac 493,000 <\/strong>in penalties representing a significant increase from last year’s total penalty of \u20ac 40,000. The increase was entirely due to major penalties imposed on Sentosa\u2019s integrated resort – sister resort to Resorts World\u00a0Genting<\/em> .<\/p>\n\n\n\n

Resorts World Sentosa <\/strong>was fined three times for a total of \u20ac 482,000. This amount included first, a \u20ac 264,000 penalty for failing to implement a CRA-approved system of internal controls. Secondly, a \u20ac 165,000 fine for failing to comply with the direction that relates to the conduct of casino operations. And lastly, a \u20ac 53,000 for allowing five persons under 21 years of age to access its casino floor. <\/p>\n\n\n\n

Marina Bay Sands<\/strong>\u2019 total was around \u20ac 10,000. \u20ac 6,600 for allowing underage access and \u20ac 3,300 for allowing a Singaporean permanent resident to access the casino floor without evidence of the payment of the \u20ac 66 entry levy imposed on local gamblers<\/strong><\/em><\/a>.<\/strong><\/em><\/p>\n\n\n\n

Both casinos had their <\/em><\/strong>licen<\/em><\/strong>ses renewed<\/strong><\/em><\/a> <\/strong><\/em>for three-year terms earlier this year, and both are planning major expansions of their operations<\/strong>.<\/p>\n\n\n\n

Teo Chun Ching, <\/strong>CRA CEO, said the two casino operators had made \u201cimprovements to their work processes and stepped up measures to enhance their compliance towards the regulatory requirements.\u201d <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s casino received ten times more penalties and fees than on the previous fiscal year.<\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Singapore's Casino Regulatory Authority (CRA) reported a significant increase in penalties for FY2018-19, totaling \u20ac493,000, primarily impacting Resorts World Sentosa for internal control failures, operational non-compliance, and underage access. Marina Bay Sands also received fines for similar breaches. Despite the penalties, both integrated resorts had their licenses renewed and are planning major expansions.","focusai_entities":"Casino Regulatory Authority (CRA), Las Vegas Sands, Marina Bay Sands, Genting Singapore, Resorts World Sentosa, Resorts World Genting, Teo Chun Ching","focusai_location":"Singapore","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.98), operator_casino (0.95), tech_data (0.75), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.75), journalist_researcher (0.98)","focusai_suggestions":[{"label":"Impact on Expansion Plans?","query":"How might the increased regulatory scrutiny and significant penalties influence the timelines or scope of the planned major expansions for Marina Bay Sands and Resorts World Sentosa?"},{"label":"CRA's Enforcement Strategy?","query":"What specific changes in the Casino Regulatory Authority's enforcement strategy or audit methodologies led to such a substantial increase in penalties compared to the previous fiscal year?"}],"footnotes":""},"categories":[160,28,156,16333],"tags":[96,29,168,169],"class_list":["post-34","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-regulation-news","category-south-east-asia-news","tag-asia","tag-casino","tag-marina-bay-sands","tag-singapore"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=34"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34\/revisions"}],"predecessor-version":[{"id":21631,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34\/revisions\/21631"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}