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Fears of Singapore’s economic climate sliding into economic downturn could possibly have receded for now, but in its after-burgeoning casino sector, all just isn't nicely. Both of its big casinos have documented considerable drops in revenue and gains, with quite a few pundits now expressing worries that the sector’s honeymoon interval is about.
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The income was created on licence charges charged to Chinese gambling houses and cock-battling venues. In 1823 Raffles returned to Singapore and banned all sorts of betting citing worries of habit, personal loan sharking, violence together with other crimes connected to the action.
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