Gambling brings a high which is why addiction to gambling happens. The problem and Casino's prey and take advantage of this weakness is how they go about taking advantage of this weakness.
Actually the govt should get more feedback and do more studies instead of taking the easiest shortcut method, increase levy.
Imagine now I enter the casino and pay $100 levy. I know I will only win about 5 times of what I bet, so if I bet $25, I can only win $125, minus the levy, I go home with $25 winnings. The next thing is, I will instead bet $100. Because betting $100, 5 times will be $500 and minus the levy, i can/or will go home with $400 if i win 5 times of what I bet.
If the levy goes up to $500 per visit, I am a hard core gambler and I really must gamble, so you need to count how much I will take out and gamble per hand. I will bet at least $400-$500 per hand.
It's the same thing as buying shares, there is brokerage fees. With a min of $25 brokerage fee, it would be stupid to buy 1 lot of shares at $1/- and people will choose to buy more to cover the brokerage fee. This is human nature. If we do not have human nature in us, we are not humans already/
Removing levy entirely, will expose more Singaporeans to visit because they want to go and take a look, since its free (Who doesn't want? Marina Bay Sands Casino is quite nice comparing with other casinos in the world). They see this person with his stacks of chips winning hundreds and thousands. Though they don't gamble, they decided to have a small bet for fun since they are already in the casino. If they play for an hour, they get $1000, they will think next week go again. If they lose $1000 which is possible too, they will start thinking next week go again and try to recover.
The $100 levy has deterred all those Singaporeans who just want to go and take a look. It's evident from online responses and also from people in this forum. That is the main objective of what the levy is for, (though we also knew it adds on to govt revenue). The $100 levy however will not deter anyone who really wants to gamble. Increasing the levy will increase everyone's bet which in turn causes more harm than good.
You see, the govt looks at 1 level which is increase levy, less people go in. However they mislook the part where those who go in will simply bet more, which in turn increases their losses if they lose.
The key here is frequency frequency frequency, how often can one get a high from making that bet on football ? The matches are once a week say 150 160 matches a season over months ? For gambling addiction the high results from making a bet on one particular outcome, multiple bet's on the same outcome derive less pleasure. Hence ToTo Pools etc offer controlled gambling though it will have its social ills.
Soccer have S-League, J-League, EPL, ISA, SPL, GBL, Cup games, I am not sure whether they have the K-League or even the Miscellaneous smaller league divisions which they might add in if there is demand. If a person has no self control, whatever he gamble, even Toto or 4D $1 min bet also can bet hundreds and thousands. I am not sure whether you queue at SG pools booth but you can see people buying 4D not buy $10 or $20. They are buying $200-$300 per result day. 1 month easily $3000-$4000. My auntie buys 4D 1 month easily $2000, does she have a gambling problem? She is not in any financial difficulties and she knows if she doesn't hit, she will lose that amount. It has easily been a regular amount for her for the past 8 years. This amount may seem a lot, but this amount must be comfortable for her, if not she wouldn't have been buying consistently for the past 8 years. Buying 4D and hitting 1st prize is 1 out of 10,000times, hitting a prize is 23 out of 10,000 times. Payout and stats is even worst than roulette, but people are still buying. Why? Because 4D days happens only 3 times a week, so no one complain.
A Casino goes through 30 hands of blackjack in an hour, 30 plus spins of the roulette in an hour, the lights and environment are designed to remove all sense of time from the gambler as are the bright lights. Note the total absence of clocks in a Casino. free flow of alcohol for the highest betters, etc etc That is why the Casino is a differing kettle of fish in terms of the harm it will cause.
Food for thought, if the cigarette companies sold you nicotine high or relaxation in a tablet , in which you get your high in 15 secs versus the 10 mins it took from a smoking do u not believe that for one min no gov would not ban the product ?
Locke
Yes, you are right, there is no clock, it is a differing kettle of fish in terms of the harm it will cause. Actually there are quite a few regular faces I have seen in the casinos. Sometimes we walk past we say hi to each other. And the thing in common is we know what we are in for when we are in the casino. I don't say we are experienced. I would say most of those regulars are seasoned gamblers. They know what they are in for and what they are doing, how much can win and can lose how much.
The levy has already deterred many people from going. (These people are the ones who are not willing to lose $100 before they step into the casino. That's good.) So those who went in are already prepared to lose $100. This is the mindset of people who gamble. Is an extra of $200-$300 going to help? (Maybe it will prevent those who are not willing to lose $300-$400 before they step into casino, but those who are willing to do that, will maximise their bets.) Remember one thing, the casinos are not afraid of you winning them. The casinos are only afraid you do not gamble. The casinos are most afraid of people who step into the casino win some money and leave the casino.
Marina Bay Sands is one of the "quietest" casino I ever seen. During peak days like weekends, its not even 80% full. By stroke of midnight, you can see half the casino empty. This is something you don't even see that at Genting Malaysia. On weekdays its only about 60-70% full at its peak hours with only 70% of tables opened. So is this piece of news assuring people that the turnout is not high or the casino being packed with human traffic?
Of course soon with what I wrote here about the turnout of MBS casino, I hope there would not be anyone who start writing, "See, the casinos in Singapore have no people want to go and destined to fail"
Turn out high, people complain,
Turn out low, people complain also. :p
I think its basically a part of Singaporean nature to complain. No complaints, life cannot go on. :p