Singapore legislation

Clause 139

Content of approved system

(1)

A system of internal controls and administrative and accounting procedures approved for the purposes of section 138 shall include (but is not limited to) details of the following:

(a)

accounting procedures, including the standardisation of forms, and the definition of terms, to be used in the operations of a casino;

(b)

procedures, forms and, where appropriate, formulae for or with respect to —

(i)

hold percentages and the calculation thereof;

(ii)

revenue;

(iii)

drop;

(iv)

credit;

(v)

complimentary services;

(vi)

salary arrangements; and

(vii)

personnel practices;

(c)

job descriptions and the system of organising personnel and chain of command authority such as to establish diversity of responsibility among employees engaged in operations in a casino and identification of primary and secondary supervisory positions for areas of responsibility, which areas shall not be so extensive as to be impractical for an individual to supervise effectively;

(d)

procedures for the conduct and playing of games;

(e)

procedures for the receipt, storage and disbursement of chips and cash, the cashing of cheques, the redemption of chips and the recording of all transactions pertaining to casino operations;

(f)

procedures for the collection and security of money at the gaming tables and other places in a casino where games are conducted, and the transfer of such money to other areas of the casino premises for counting;

(g)

procedures and forms relating to the transfer of money or chips within the casino premises;

(h)

procedures and security for the counting and recording of revenue;

(i)

procedures and security for the transfer of money from casino premises to an authorised bank and from an authorised bank to casino premises;

(j)

procedures for the security, storage and recording of chips utilised in the gaming operations within the casino premises;

(k)

procedures and standards for the maintenance, security and storage of gaming equipment;

(l)

procedures for the payment and recording of winnings associated with games where the winnings are paid by cash or cheque;

(m)

procedures for the issue of chip purchase vouchers and the recording of transactions in connection therewith;

(n)

procedures for the cashing of cheques and recording of transactions by cheque;

(o)

procedures for the establishment and use of deposit accounts;

(p)

procedures for the use and maintenance of security and surveillance facilities, including closed circuit television systems;

(q)

procedures governing the utilisation of security personnel within the casino premises;

(r)

procedures for the control of keys used or for use in operations in a casino;

(s)

procedures and standards for assessing the suitability of suppliers of goods or services to the casino and the casino operator which may vary according to the nature of the goods or services or the nature of the suppliers of goods or services;

(t)

procedures for maintaining records of the suppliers of goods and services;

(u)

procedures for the promotion and conduct of junkets and arrangements for premium players;

(v)

procedures to comply with prescribed anti-money-laundering measures; and

(w)

procedures to discourage and prevent corrupt practices.

(2)

For the purposes of an approval or amendment of an approval, controls and procedures may be described narratively or represented diagrammatically, or by a combination of both methods.

(3)

The Authority may, from time to time, by notice in writing to a casino operator, require details relating to other aspects of the casino operations to be included in the approved system.

Read in full context — Casino Control Bill →