Singapore renews Marina Bay Sands casino license

The CRA said it considered MBS's compliance record among other factors and has imposed additional requirements on the casino resort for the duration of the new license. It didn't elaborate on those requirements. 

The renewal also comes as Las Vegas Sands faces two lawsuits that seek cuts of the hefty profits the US casino company has earned in the Chinese gambling enclave of Macau. In each suit, the plaintiff claims that Sands reneged on agreements it made while seeking a Macau casino license in 2001. 

The Singapore regulator said it is "aware of the investigations by US authorities into the allegations and have kept in contact with our U.S. counterparts to closely monitor these matters." The CRA has reminded MBS "that it is an ongoing requirement for its associates to remain suitable." 

MBS, one of Singapore's two casinos that opened in early 2010, has been fined on several occasions by the regulator for breaking the city-state's tough casino laws. The violations included failures to enforce strict entry conditions imposed upon Singaporean citizens and permanent residents. 

Singapore law requires citizens and permanent residents to pay an entry fee of us$ 80 to visit the casinos. Singaporean authorities also bar minors, bankrupts and criminals from entering casinos and allow individuals to voluntarily apply for exclusion. Problem gamblers can also be banned from casinos upon request from their family members.