Singapore casino operators paid less in fines in 2017/18

Singapore’s casino operators paid 57.7 percent less in fines to the Casino Regulatory Authority in the 2017/18 financial year compared to the prior year period.

Fines are payable to the CRA when there are violations of the Casino Control Act – which is recognized as income in its financial statements.

According to the CRA’s most recent annual report, the amount of income generated from fines went from S$176,000 in 2016/17 to $74,400 in 2017/18.

Singapore has two casino operators which are regulated by CRA. This includes Marina Bay Sands and Resorts World Sentosa.