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Singapore's Gaming Gamble
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Singapore's Gaming Gamble

Our Correspondent
Mar 29, 2010
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Singapore's Gaming Gamble
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Anxious to boost revenues in a time of economic uncertainty, the Singapore government legalized gambling. It sold lucrative gaming licenses and levied a tax on winnings. But the advent of state-sanctioned gambling brought a rise in social problems such as addiction and crime and within three years, the government closed the gaming houses.

That was in 182…

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