Casino junkets could give Singapore casinos a miss

The Malaysian Insider, 22 Dec 2009
SINGAPORE, Dec 22 — Las Vegas Sands (LVS), which is in the midst of applying for its casino licence for Marina Bay Sands (MBS), may not have the help of junket operators when it opens in April.
Junket operators help generate almost 70 per cent of gaming revenue in Macau, but LVS chairman Sheldon Adelson said: “I don’t think the (Singapore) government is going to allow any junkets,” he added.
A check with the Casino Regulatory Authority (CRA) reveals there is no ban on junkets as the Casino Control Act provides for the licensing of junket operators.
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