For a start, gambling is one of the 7 sin/evil of the
world, singapore, knowing that they are losing out in cheap labour
and manufacturing industries, had turn itself into more service
orientated industries, from financial to gambling to TD are all
service industrial, given without any natural resource, it look
more sustainable for singapore to go into service industries, and
for a service industrial to prosper, youth is needed, and that is
why govt keep saying they need young FTs, which in a way compete
with our local youngs and us.
It had been said that the current 2 casinos that hold a policy
with our govt that within five years, no other operators/casinos
can open, this is to allow them to breakeven their investment in
building and running it. By now, they would had make lucrative
profit out of it. Therefore, it is inevitable that the 3rd or even
the 4th casinos will be on the road.
In term of believes and religion concern, gambling tainted our
once clean and good city, in return, as the laws or the believe in
reflection will surface and punish this city for good. In Macau
today, you see a diminishing of macau people, there are no voice,
nor any power left in them, they get poorer and poorer servicing
mainland chinese tourist and the operator of casino get richer and
richer.
Gambling is said to be for those who can afford, rich and able,
if the money earn can plough back to help the poors or the less
fortunate ones, we certainly do not mind them opening more,
however, the way we still need to contribute to charity and pay our
taxes one way or the other, you should know better that the money
earned goes into individual investors, and in long run, such money
shall bring a pay back for their sins. Li Ka Sing, a casino mogul,
also know that he needs to plough back his money to help the
society thru education such as the li ka sing SMU and library