Foreign Exchange Investigation from Buying and Selling Chips? (1 Viewer)

[Quicksilver-75]

https://www.channelnewsasia.com/sin...nlicensed-remittance-foreign-exchange-4112341

 

[Eriks]

”Anyone who uses casino chips for any purpose other than the playing of games or tips in the casino premises of the operator may be fined up to S$10,000, jailed for up to a year, or both.”

Uh-oh…

 

[mipevi]

See you guys in a year, I guess!

 

[philhut]

”Anyone who uses casino chips for any purpose other than the playing of games or tips in the casino premises of the operator may be fined up to S$10,000, jailed for up to a year, or both.”

Uh-oh…

hopefully they were commercial or custom non casino chips they were using

 

[chippitydoodah]

”Anyone who uses casino chips for any purpose other than the playing of games or tips in the casino premises of the operator may be fined up to S$10,000, jailed for up to a year, or both.”

Uh-oh…

 

[ekricket]

”Anyone who uses casino chips for any purpose other than the playing of games or tips in the casino premises of the operator may be fined up to S$10,000, jailed for up to a year, or both.”

Uh-oh…

It’s only applicable “in the casino”. Outside the casino do what you want with them.
Over there you usually have to give your passport number and register go in a casino. This was probably a way for somebody to not report their gambling.

I think Vegas has a law about using chips as currency outside the casinos, used to be fine but now they discourage it.