Singapore Casino Dress Rules

4/11/2022

(Bloomberg) -- Singapore is considering tighter regulations at its casinos in an effort to prevent money laundering and financing for terrorism, according to the Casino Regulatory Authority.

Singapore Casino Dress Rules 2020

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Explore Singapore on a 1-hour duck tour, known officially as DUCKtours®, which allows you to see city sights by both land and water. On ‘the duck,’ an amphibious military vehicle that was refurbished from World War II, you’ll drive around the city to check out attractions like the Fountain of Wealth and Singapore Flyer. Decided not to go as did not want to dress up from reasonable smart casual with flip flop. Wife missed out and saved myself a lot of money. So six adults did not visit due to the fact dress code is confusing but at least DE's now know the latest situation. Having said that Crown in. Melb is the pits due to the dress code etc. Tough new rules for Singapore's casinos For full functionality of this site it is necessary to enable JavaScript. Here are the instructions how to enable JavaScript in your web browser. Singapore casino rules don't seem to be complicated, but some intricacies should be taken into consideration. Local citizens and permanent residents of Singapore may attend casinos and gamble, but they have to pay some fee for visiting gambling houses. The fee for attending casinos reaches one hundred dollars per day.

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The regulator has already asked casino operators to lower the threshold for cash transactions that are subject to due diligence to S$5,000 ($3,588), half the current legislated level, a spokesperson said in an emailed response to Bloomberg. Singapore’s formal threshold is much higher than the global standard of $3,000 set by the anti-money-laundering watchdog Financial Action Task Force, according to the CRA.

“The Ministry of Home Affairs and CRA are reviewing the legislative thresholds in the Casino Control Act with a view to lowering these thresholds further to fully comply with the FATF Standards,” the CRA said.

Singapore’s casino industry is under the spotlight after Bloomberg reported last week that the U.S. Department of Justice is investigating Marina Bay Sands Pte., the unit of billionaire Sheldon Adelson’s Las Vegas Sands Corp., over whether anti-money laundering controls were breached in the way it handled the accounts of gamblers.

Marina Bay Sands also faces a probe in Singapore by the CRA into its money transfer policies. Claims about these transfers surfaced in a lawsuit filed last year by Wang Xi, who sued Marina Bay Sands seeking to recover S$9.1 million that he said was sent to other casino patrons in 2015 without his approval. The Singapore Police Force is also investigating Wang’s complaint, Bloomberg News reported last month.

The review of the legislative thresholds wasn’t prompted by any investigation, the CRA said.

In its emailed response to Bloomberg about the probes, the Singapore casino said it takes any such allegations seriously. The regulator said it’s “committed to ensuring that the casinos in Singapore, including Marina Bay Sands, remain free from criminal influence or exploitation, and takes a serious view of any allegations of unauthorized money transfers.”

The CRA outlined the changes in due diligence thresholds in response to Bloomberg’s request for comment on the Financial Action Task Force report, which said last year the city-state had inadequate customer due diligence requirements for entities such as casinos and real estate agents. It said “moderate shortcomings are still affecting” the two sectors, without citing any companies.

The FATF report published in November is the third follow-up to the 2016 mutual evaluation report on Singapore.