Casino licence of MBS renewed for another 3 years
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SINGAPORE: The Casino Regulatory Authority of Singapore (CRA) has renewed the casino licence of Marina Bay Sands for another 3 years, with effect from 26 April 2013.
CRA said in assessing the renewal of MBS' licence, it had taken into consideration MBS' compliance record as one of many factors.
For the new licence period, CRA has imposed additional requirements on MBS to institute, strengthen and maintain a rigorous compliance framework that is in line with Singapore's laws and regulations.
In response to media queries, Marina Bay Sands said it looks forward "to continuing to contribute to Singapore's economy, to provide jobs for Singaporeans and to conduct its business with integrity and in compliance with Singapore's laws and regulations".
A spokesperson said the casino operator has in place comprehensive initiatives to ensure compliance with Singapore laws.
"These initiatives are designed to strengthen our internal compliance monitoring systems, and further enhance awareness of compliance requirements within our organisation. For instance, we are implementing a system of cyclical refresher training programmes and introducing additional training programmes for our employees," the spokesperson said."To ensure we have adequate expertise and resources to implement our compliance programme, we have expanded and will continue to expand and deepen our compliance team whenever necessary," added the spokesperson.
- CNA/al
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wow, huat for another 3 years. pocket full of money HUAT 365 days
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post edited due to irrelavant to topic..
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As compared to their future (the ones that recommended and authorized it).
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we earn our revenues through gambling wins.