`God of Gamblers' Wary of Singapore's New Casinos

(Corrects video graphics in Bloomberg Television report that aired June 23 to show that Derek da ...  More »

(Corrects video graphics in Bloomberg Television report that aired June 23 to show that Derek da Cunha is the author of "Singapore Places Its Bets" and not a Singapore opposition politician. Bloomberg apologizes for any inconvenience.) June 23 (Bloomberg) -- Bloomberg's Haslinda Amin reports on some Singaporeans' concerns about potential social ills arising from the introduction of casinos to the island-state. The $5.5 billion Marina Bay Sands, owned by billionaire Sheldon Adelson’s Las Vegas Sands Corp., hosts its grand opening today. Singapore dropped its 45-year ban on casinos to help double tourism revenue by 2015 and shed what Prime Minister Lee Hsien Loong called an "unexciting" image. (Source: Bloomberg)  « Less