POKER IN SINGAPORE IR MARINA SANDS

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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby Trust Me » Mon Apr 27, 2009 1:24 pm

I guess the reasons why the govnt decided to have casino base on our home land, merely keeping away singaporean from loosing their money to Genting, Macau and On board cruise ship. The $100 they implemented is to shut any critism coming from those who appose having a casino base here. Ultimately, if they find Singaporean is not patronising our own Casinos due to the entrance fee, I strongly feel they will change the system. e.g. You pay $100 for the entrance fee, in turn they will give you $100 back in chips form (not exchangeable for cash). In other words you can only gamble with the chips and only the winning chips can be cash out.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby blackchilli » Mon Apr 27, 2009 3:56 pm

Trust Me wrote:I guess the reasons why the govnt decided to have casino base on our home land, merely keeping away singaporean from loosing their money to Genting, Macau and On board cruise ship. The $100 they implemented is to shut any critism coming from those who appose having a casino base here. Ultimately, if they find Singaporean is not patronising our own Casinos due to the entrance fee, I strongly feel they will change the system. e.g. You pay $100 for the entrance fee, in turn they will give you $100 back in chips form (not exchangeable for cash). In other words you can only gamble with the chips and only the winning chips can be cash out.


I really doubt that will happen actually. It specifically states in the act that the Casino Act will only be amended with regards to the levy after 10 years of operation AFTER the second casino opens. Thats a LOOOONG time. Also, paying a $100 levy to enter the casino is extremely expensive especially for poker players as that would mean that you'd have to sit down with thousands of dollars to play NL if you wanna make a profit.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby statix » Mon Apr 27, 2009 5:06 pm

True. And it also specifically states that the $100 cannot be offered as chips or any form of return to the players. Guess nothing much is going to change for us. Still Macau mainly.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby ohboy » Tue Apr 28, 2009 11:00 pm

frankly, i think the levy will be abolished within a year.

Reason's simple: casinos need to be filled by players. Ever been in an empty casino? it's boring.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby mosteal » Wed Apr 29, 2009 5:42 pm

As a non-citizen, I think this is atrocious behavior--essentially penalizing you for being a citizen. This gives me enough reason not to become a permanent resident.

But in the long run, I bet it wont matter. I bet the Sands casino has a team of lawyers looking at those laws stated above with a hundred ways to get around them. Free hotel nights and free meals ONLY for Singaporans' comes to mind. And then for the truly frequent people, I bet the casino will graciously pay the yearly entrance fee for them, just agree to come once a month or more.

What about the restaurants there--Casino restaurants can truly be a breed apart and these cant be limited only the foreigners.

I think this will also create quite a demand for fake employment passes and other fake IDs as well.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby felixleong » Sat May 02, 2009 10:33 pm

If really have to pay $100 to gamble, then might as well stick to raked home games or online poker liao~
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby blackchilli » Sun May 03, 2009 3:03 am

Oh wait! I just realized something. It wouldn't make sense for a casino to offer a free room or free meals to those who pay the levy. It states in the statute that all levy fees are paid directly to the government so therefore the casino doesn't get anything out of it. If they gave us a room or free food, it would mean a loss to them actually.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby Nicefingers » Sun May 03, 2009 2:43 pm

obviously your business sense is severely lacking.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby blackchilli » Sun May 03, 2009 5:50 pm

Thats nice. Want to explain what you mean by that?
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby Integrity » Sun May 03, 2009 6:41 pm

I don't know much about the leadup to the IR Decision. But it seems to me that the $100 fee is serious. And the two IRs won't be looking for ways around it. IF they can't make money out of just the foreign and tourist population then they wouldn't be building them in the first place.

The fee is designed to discourage, but not exclude locals. After all, if they want to gamble they can just get on a bus and give their money to the good people at Genting. It's no coincidence that the fee is priced around about what it costs to about what it costs to get there.

It's not fair exactly, but you can see the rationale behind it.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby blackchilli » Sun May 03, 2009 6:55 pm

Haha yeah a taxi driver was telling me that actually. He said this exactly, " the government hor, veri smart one! They price the fee at $100, same price as going to genting wad. Some more hor, if you want to go to genting, must take holiday. Like this in Singapore, just pay $100 after your work, gamble overnight then go to work the next day lor!"

I still don't see any business sense in giving every Singapore a free room and a free meal. That just won't work in my opinion. High rollers are another story though.

Oh and by the way, each casino has to give 5% of the profit from regular players and 15% of the profit from high rollers to the government. States in the statute! Ah.. sad.
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby lordstriker » Mon May 11, 2009 3:29 pm

Er...What if the PR bring his own country passport instead of blue card? Can sneak in like that or not?
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby acehigh » Mon May 11, 2009 4:07 pm

i think for PR and foreigners should have no problems leh. the restrictions only for us locals :(
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Re: POKER IN SINGAPORE IR MARINA SANDS

Postby kczd » Mon May 11, 2009 7:09 pm

haha, its akin to building a toilet at home and taxing yourself 0.10 per use, but inviting guests that visit your home to use it freely.
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