Singapore legislation
Regulation 13
of Casino Control (Casino Marketing Arrangements) Regulations 2013
Regulation 13
Matters to be considered in determining applications for international market agent
Subregulation 1
The Authority shall consider whether to grant an application for an international market agent licence, having regard to the information before it, including the following matters:
whether there is any information that the applicant or any associate of the applicant is not of good repute, having regard to character, honesty and integrity;
whether there is any information that the applicant or any associate of the applicant is not financially sound and stable;
in the case of an applicant that is not a natural person, whether the applicant has, or has arranged, a satisfactory ownership, trust or corporate structure;
whether the applicant has or is able to obtain financial resources that are adequate to ensure the financial viability of the proposed international market agent, and whether the applicant has sufficient experience in the management and operation of a casino marketing arrangement or is able to obtain the services of persons who have sufficient experience in the management and operation of a casino marketing arrangement;
whether the applicant or any associate of the applicant has any business association with any person, body or association who or which, in the opinion of the Authority, is not of good repute having regard to character, honesty and integrity or has undesirable or unsatisfactory financial resources;
whether there is any information that any director, partner, trustee, executive officer or any other officer or person determined by the Authority to be associated or connected with the ownership, administration or management of the operations or business of the applicant is not a suitable person to act in that capacity;
whether the applicant or any associate of the applicant has any undesirable or unsatisfactory financial resources;
whether the applicant or any associate of the applicant has any record of non-compliance with legal and regulatory requirements applicable to him or it, whether in relation to casino gaming or otherwise and whether in Singapore or elsewhere.
Subregulation 2
For the purposes of section 110B(2) of the Act, the Authority shall not grant an international market agent licence to an applicant with respect to a casino unless the Authority is satisfied that the grant of such a licence does not result in the total number of international market agent licences in force exceeding such maximum number of international market agent licences as the Authority has, in the public interest, determined for that casino.
Subregulation 3
If the Authority determines that the maximum number of international market agent licences with respect to any casino is attained, the Authority shall —
publish a notice on the official website of the Authority at https://www.gra.gov.sg to that effect, which notice shall remain on the website until it is cancelled; and
notify the affected casino operator of its determination.
Subregulation 4
The Authority shall determine the application by either issuing an international market agent licence to the applicant or refusing the application, and shall notify the applicant in writing accordingly.
Subregulation 5
The Authority is not required to give reasons for its decision but may give reasons if it thinks fit.