opening a casino in singapore
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Opening a Casino in Singapore
A presentation brought to you by OpenCompanySingapore.com
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Casino Regulatory Authority in Singapore >>
• The Casino Regulatory Authority (CRA) is a statutory board enabled by the Government in order to ensure the correct operation of casino operators in Singapore.
• The CRA also ensures that Singapore companies conducting gaming activities are compliant with the Casino Control Act which is the main regulatory framework regulating the setup of casinos in Singapore.
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>> Casino Regulatory Authority in Singapore
• The CRA established a set of regulations operators registering casinos in Singapore must follow.
• Among these regulations are:
how to apply for a casino license in Singapore;
advertising issues;
the gaming equipment to be used in casinos;
licensing of special employees in Singapore casinos;
responsible gambling rules.
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Requirements to Start a Casino Company
• Depending on the type of structure chosen, a Singapore casino must have at least one shareholder, one director and a resident secretary.
• Then, it must apply for the relevant licenses with the CRA in order to be able to start operating.
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Applying for a Casino License in Singapore >>
• The Casino Control Act provisions the Casino License and Fees Regulations of 2009 for Singapore companies applying for a casino license.
• In order to obtain the license, the operator must file an application with the Casino Regulatory Authority.
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>> Applying for a Casino License in Singapore
• The following documents and fees must be filed in order to obtain a casino license in Singapore:
the appropriate application fee;
corporate and individual information about the operator issued by the Singapore Accounting and Corporate Regulatory Authority;
other required documents by the CRA.
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The Employees of Singapore Casinos >>
• Apart from the licensing requirements Singapore casino operators are also required to hire special personnel.
• Among its employees, a casino must have an individual managing the Singapore company who will also be authorized to make decisions with respect to the operations of the gambling facility.
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>> The Employees of Singapore Casinos• The Casino Control Act provides for 4
categories of special employees:
category A for senior managerial positions such as the Chief Executive Officer and Chief Financial Officer;
category B for other middle-management positions such as pit, slot or audit managers;
category C1 for dealers, cashiers and slot attendants;
category C2 for technical support for the gaming equipment and surveillance.
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Assistance in Opening a Casino Company
• Our agents in Singapore may guide you through the casino registration procedure.
• You can also contact us if you need help with the application for one of the casino licenses available.
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Thank you for your attention!
For more information, please contact us at:
+ 852 8191 [email protected]
www.opencompanysingapore.com
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