🍒 Singapore Casino Regulator Issues Junket Licenses - WSJ

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In a statement issued Thursday, the Casino Regulatory Authority said it has issued its first batch of one-year, "international market agent".


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The evolution of the legislative and regulatory mechanisms in the casino industry the authorities in Macao to institute tighter regulations on the junket system.


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The authorities should be notified of any suspicious transactions that occur in this Some casinos also offer “junket agents” a nonnegotiable amount called “dead These aspects of junkets make it especially imperative to have regulatory.


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15 Casino employee's involvement with junkets · 16 Representative to be authorised · 17 Casino operator to notify Authority of conviction of promoter or.


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The regulatory framework for the sector is also in a period of transition, The junket trade body representative said he would not be surprised to see Casino operator Wynn Macau Ltd is pushing ahead to renovate its Wynn.


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In a statement issued Thursday, the Casino Regulatory Authority said it has issued its first batch of one-year, "international market agent".


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Since , the Casino Regulatory Authority has levied $ million in fines against IR operators for mainly marketing offenses. Restrictions on.


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The evolution of the legislative and regulatory mechanisms in the casino industry the authorities in Macao to institute tighter regulations on the junket system.


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Privacy Statement Conditions of Access Advertise.{/INSERTKEYS}{/PARAGRAPH} This article was first published in The Business Times. {PARAGRAPH}{INSERTKEYS}Casino Regulatory Authority sets record straight over junkets. Regulator says that it is investigating illegal casino activities and takes issue with Adelson? All rights reserved. News AsiaOne Casino Regulatory Authority sets record straight over junkets Regulator says that it is investigating illegal casino activities and takes issue with Adelson? This is inaccurate," said the spokesman. The authorities in the casino sector revealed this in a statement to BT yesterday after Mr Adelson, who runs the casino at Singapore's Marina Bay Sands, made public his concerns over illegal junket operators here. Junket operators and representatives that meet the regulatory requirements under the Casino Control Act and the Casino Control Junkets Regulations would be allowed to operate here after being licensed by CRA, the spokesman added. CRA has begun its investigations and takes these allegations seriously, the spokesman said, but declined to provide more details on the investigations.