Monday, June 15, 2009

Integrated Resorts

About issues of the new Integrated Resorts (IR) in Singapore, I agree with PM Lee to a large extent and I think that having Integrated Resorts is suitable in Singapore. I think that IR can help Singapore’s economy and make Singapore have more benefits in the global competition.

Before the project of IR is confirmed, Singapore’s tourism industry was in a serious situation. It faced the intense competition of some other famous cities in south-east Asia, such as Hong Kong, Bangkok, even from Malaysia. Those cities have legalized the casinos. Facing this condition, an IR may help Singapore’s tourism industry.

IR is an integrated project, which contains hotels, restaurants, shopping center, theater, casino and so on. With so many corporations inside, IR can provide many jobs for Singaporeans. Besides, IR can attract more people coming to Singapore. Therefore, Singapore’s tourism industry may be developed and the governments may get more profits. Singapore is a small country and the tourism industry is very important to Singapore and it must always keep competitive. Thus the IR is very important in the long run.

However, there are many criticisms about this project, which is mainly about the casino in IR. People concern that with a legal casino in Singapore, the ethical systems might be broken and the casino can take crisis to the families and societies. With this opinion, they think IR can take bad effects and should be forbidden. However, in my contest, IR does not mean casino but contains casino. It may take some bad effects of the casino, but it does not mean the bad effects are more than the good effects. Besides, the time is leaping forward; we must change with the global situation to always keep competitive but does not be constricted by the traditional ideas. Otherwise, we may fail in the competition with the other countries, IR is good issue for us to consider. IR can help us in many ways. The good effects are more than its shortage. We should not forbid it just because of the casino. Besides, we may try to think of the methods to solve the problems of the casino.

About the social repercussions of the IR, I think that we can get the solutions. About the issues of concerning the Singaporeans to indulge in casino gambling, I think that we can have several steps to keep Singaporeans from the gambling. Firstly, the government can restrict the number of the Singaporeans in casino so that there would nor be too many Singaporeans gambling in the casino. Secondly, there should be a compulsory and high entrance fee for the Singaporeans. Therefore, Singaporeans have to think about the cost of entering the casino. Besides, if they win the money by gambling, they must give a large part of the money to the country as tax. With these several steps, Singaporeans may compare the cost and risk with the profits of gambling in the casino. Then they may not like entering the casino.

About the issues of the social impacts of the undesirable activities causing by gambling such as money laundering and loan shark, I think that we should have more guards in the casino, even the policeman. About money laundering, I think that the casino should cooperate with the police. Every person must show their ID card or passport to the staffs of the casino before they enter. This may prevent the criminals to enter the casino. Besides, the people in the casino must use the cash to gamble. Credit is not allowed. Then, the people cannot have debt even though they lose money.

Therefore, about the social effects of the IR, I agree with PM Lee to a large extent to have IRs in Singapore. About the social impacts of the casino, we have different methods to deal with the problem. We may see the effects after the IR is used.

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