Nothing builds a buzz like money, especially really big money, not just to stack at the betting tables but to patronize the who's who of luxury brands and celebrity chefs the IRs, especially MBS, are introducing. Yet Singapore has been oddly reluctant to welcome high rollers to play at its casinos.The government has stringent rules against junket agents that are vital to the VIP premium player market for Asian casinos. So perhaps the nanny state isn't quite dead yet. For junket agents, obtaining a license in Singapore requires extensive financial disclosure as part of a full background check. Operationally, junket agents need to store full records in Singapore and disclose benefits given to their customers. So far few junket operators have shown interest. Full Story
