Singapore casino law to allow fines up to 10 pct of revenue

Reuters, 7 Jul 2012
(Reuters) - Singapore plans to toughen its casino laws and allow the regulator to impose a fine of up to 10 percent of annual revenues generated by operators Las Vegas Sands and Genting Singapore, local media reported on Saturday.
The maximum penalty that Casino Regulatory Authority can now impose is S$1 million ($785,000). But after amendments to the law are passed, the fines could potentially exceed $200 million. Full story