MBS, RWS fined for breaching social safeguards
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SINGAPORE: The Casino Regulatory Authority of Singapore (CRA) has fined Marina Bay Sands (MBS) and Resorts World Sentosa (RWS) a total of S$230,000 for breaching social safeguard requirements during the period between 1 November 2011 and 30 April 2012.
MBS was fined S$35,000 for failing to prevent Singapore citizens and permanent residents from entering and remaining on its casino premises without valid entry levies.
MBS was fined a further S$80,000 for failing to prevent six excluded persons from entering and remaining on its casino premises.
MBS was also fined S$15,000 for failing to prevent a minor from entering and remaining on its casino premises.
RWS also faced three fines for breaches committed during the same period.
RWS had failed to prevent Singapore citizens and permanent residents from entering and remaining on its casino premises without valid entry levies. For this it was fined S$40,000.
RWS was fined another S$40,000 for failing to prevent three excluded persons from entering and remaining on its casino premises.
RWS also failed to prevent two minors from entering and remaining on its casino premises. For this breach, it was fined S$20,000.
- CNA/xq -
I always read about MBS and RWS fines.
Seems like the regulator is keeping an eye on them.
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Originally posted by Testingit888:
I always read about MBS and RWS fines.
Seems like the regulator is keeping an eye on them.
LOL... those fines peanuts to them. -
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Originally posted by Testingit888:
I always read about MBS and RWS fines.
Seems like the regulator is keeping an eye on them.
If you knew how much they made every quarter, you would have sworn all those fines they get already constitute part of their expenses. And their reported profits have nothing to do with it.
No good business entity will ever be dumb enough not to budget in regulatory fines into their expenses. eg, SMRT, M1, Singtel, Starhub