Tuesday, June 29, 2010

Singapore Gambles Low Crime Rate With $10.2 Billion Casino Push

June 23 (Bloomberg) -- Singapore’s casinos have attracted more than three million visitors, created thousands of jobs and spurred spending at hotels, restaurants and shopping malls. They’re also keeping the courts busy.

Since the opening of Resorts World Sentosa in February and Marina Bay Sands in April, the island-state has seen cases of fraud, embezzlement and identity theft. Some offenders were fined or sent to prison, three European suspects have jumped bail and two Africans have been charged for cheating the casinos out of about S$140,000 ($102,000).

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