Singapore fines Las Vegas Sands for failure to enforce casino entry restrictions
When gaming was legalized in Singapore, the city-state’s government implemented strict requirements in an effort to deter local residents from entering casinos.
Las Vegas Sands Corp. found out how strict.
According to MarketWatch.com, the operator of the Marina Bay Sands was fined $286,800 for several failures in enforcing the country's tough casino-entry restrictions, the Casino Regulatory Authority said late Wednesday in a statement.
Resorts World Sentosa, operated by Genting, was asked to pay $140,000 in fines for similar breaches, the regulator said.
Singapore has just two casinos, whose combined gaming revenues could surpass the annual $6 billion in revenues produced by the Strip.
The incidents took place between May and October of last year.
Under Singapore law, casino operators must ensure that Singapore citizens and permanent residents entering casinos pay fees of $100 a day and $2,000 a year.
The casino’s operators must also ensure its customers are at least 21 years old.
There wasn’t a statement from Las Vegas Sands on the fine.
