Earlier this month, the Singapore government announced new regulations for its casinos, including a ban on casino junkets. Casino junkets are organizations that recruit and organize high rollers from outside the country to gamble in Singapore.
The new rules are aimed at curbing problem gambling and preventing money laundering.
The decision has been criticized by some in the industry, who say that it will hurt Singapore's reputation as a gambling destination. But others argue that the new regulations are needed to protect the integrity of the country's gaming industry.
The new rules are aimed at curbing problem gambling and preventing money laundering.
The decision has been criticized by some in the industry, who say that it will hurt Singapore's reputation as a gambling destination. But others argue that the new regulations are needed to protect the integrity of the country's gaming industry.