Government is "watching anxiously" social effects of IRs: PM Lee
PRIME Minister Lee Hsien Loong said on Friday that his government is still "watching anxiously" the social effects of the integrated resorts in Singapore, even as the resorts have proven successful in terms of business, government revenue and urban planning.
"From a social point of view, we would like to say that it has been alright, but it is early to say, because the casinos have been operating only for two years and a half," he said in response to a question at a dialogue with businessmen in Sydney, which already has one casino and is debating whether to have a second.
Mr Lee noted that the share of Singaporean casino-goers has stabilised at one-quarter, "which is about what we have expected".
The total amount of gambling has stayed about the same after casinos opened, but the amount of compulsive gambling - "the very extreme cases" - has increased slightly, he added.