Thursday, May 20, 2010

Singapore Casino Entry Levy

Casino entry levy collected by the two casino operators - Marina Bay Sands and Resorts World Sentosa in Singapore have amounted to about $70 million as of May 10. What does this imply? Singapore Citizens or Permanent Residents must have a valid Casino Entry Levy to enter the casino. Day levy is $100 for 24 hours and annual levy is $2000 for 12 months.

Case 1:assume all are annual levy : $70mil/$2000 = 3,5000 Singapore Citizens and PR have visited the casinos

Case 2:assume all are day levy : $70mil/$100 = 700,000 (Singapore Citizens and PR have visited the casinos 700,000 times )

In just a few short months, about 3,5000 to 700,000 have visit the casinos!

Just the casino levy alone is 70 million, but how much money have Singapore Citizens and PR lost at the casinos?
Who knows...

Some links below in case you need to apply Casino Exclusion for yourself or your family members.

Casino Regulatory Authority of Singapore
www.cra.gov.sg

National Council on Problem Gambling
www.stopproblemgambling.org.sg