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Casino Jurisdiction: Singapore

In: Business and Management

Submitted By rogerjxj
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Jurisdiction: Singapore

Regulatory body/gaming authority: Casino Regulatory Authority

http://www.cra.gov.sg/

Casino Regulatory Authority (Abbreviation: CRA) is a young organization which was formed

in 2008. The founder and chairman for this organization is Mr. Richard Magnus. Mr. Magnus

was the senior Chief District Judge in Singapore. He also held headship appointments in several

Legal Departments after he retired from the district judge. (Government of Singapore 2008) and

actually both its CEO Mr.See Hiang Chang and senior partner Mr. Benedict Cheong are from legal

system. This organization is working on manage and control the casino business in Singapore, to

reduce the negative influence to the minimum.

The Casino Control Regulations (the "Regulations") are made by the Casino Regulatory

Authority of Singapore, with the approval of the Minister for Home Affairs, under the authority

of the Casino Control Act (Cap. 33A) To apply a gaming license in Singapore, casinos have to

firstly apply through CRA, and a fee of application and operation will be charged.

1. For an application for a casino license is $1,000;

2. Casino license fee-
a) To operate the only casino in operation-- $22.8 Million per annum

b) To operate one of 2 casinos in operation-- $19 million per annum

3. For an application for renewal of a casino license is $850

4. For an application to redefine casino boundaries is $270

(Casino Control Regulation 2012)

To be hired in gaming industry in Singapore, candidates will need to eligible for applying

a gaming license. According to different categories in employment, there are four different

categories for gaming license: Category A; Category B; Category C1 and Category C2. An

application for a Category A, Category B or Category C1 license may be made by a casino

operator…...

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