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Coffeeshop Chit Chat - Casino entry fee already benefitting u..</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt_89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>4:33 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 6) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>35990.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Jul 12, 2010
Casino entry fee already flowing back into community
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THE money collected by the two casinos in entrance fees from Singaporeans and permanent residents (PRs) is already being recycled back to the community.
This is being done via the Singapore Totalisator Board (Tote Board), which is given all the money collected.
It then hands them out as grants to community projects, said Second Minister for Finance Lim Hwee Hua at a dialogue with Bukit Gombak residents.
Mrs Lim, who is also Second Minister for Transport, did not specify the types of projects that gained from the collection.
The Tote Board website, however, states that it donates to six areas: arts and culture, education, social services, health, community development, and sports.
'So if we have more money coming through, in other words, more money will be available for all these different projects,' said Mrs Lim. 'That's one consequence of it.'
She was responding to a resident who had asked what the Government would do with the more than $70 million collected so far in levies and how it plans to address the social impact of gambling.
Singaporeans and PRs have to pay $100 for a daily pass or $2,000 for an annual pass into the casinos.
The $70 million sum collected was disclosed in Parliament in May, three months after the opening of Resorts World Sentosa (RWS) casino and three weeks after Marina Bay Sands (MBS) opened its casino.
Mrs Lim said the amount collected 'in a way reflects more the initial months of operations, so it's a little too early to tell if we are already experiencing deep social problems because of this.'
But she emphasised that the Government is tracking the social impact closely, pointing out that the National Council on Problem Gambling provides resources for those affected.
RACHEL CHANG
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Casino entry fee already flowing back into community
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<!-- end left side bar --><!-- story content : start -->
THE money collected by the two casinos in entrance fees from Singaporeans and permanent residents (PRs) is already being recycled back to the community.
This is being done via the Singapore Totalisator Board (Tote Board), which is given all the money collected.
It then hands them out as grants to community projects, said Second Minister for Finance Lim Hwee Hua at a dialogue with Bukit Gombak residents.
Mrs Lim, who is also Second Minister for Transport, did not specify the types of projects that gained from the collection.
The Tote Board website, however, states that it donates to six areas: arts and culture, education, social services, health, community development, and sports.
'So if we have more money coming through, in other words, more money will be available for all these different projects,' said Mrs Lim. 'That's one consequence of it.'
She was responding to a resident who had asked what the Government would do with the more than $70 million collected so far in levies and how it plans to address the social impact of gambling.
Singaporeans and PRs have to pay $100 for a daily pass or $2,000 for an annual pass into the casinos.
The $70 million sum collected was disclosed in Parliament in May, three months after the opening of Resorts World Sentosa (RWS) casino and three weeks after Marina Bay Sands (MBS) opened its casino.
Mrs Lim said the amount collected 'in a way reflects more the initial months of operations, so it's a little too early to tell if we are already experiencing deep social problems because of this.'
But she emphasised that the Government is tracking the social impact closely, pointing out that the National Council on Problem Gambling provides resources for those affected.
RACHEL CHANG
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