Tragedy
And the casino debate
Looks a done deal; April 18 will turn a new page in Singapore's
history despite the Tampines deaths. By Seah Chiang Nee.
Mar 13, 2005
A FAMILY
tragedy over gambling debts that took four lives has shocked
Singaporeans and given strength to arguments not to build
a casino here.
A decision
on the billion-dollar casino resort, which has attracted
plans from 19 world players, will be announced on April
18.
In recent months, Singaporeans had been divided almost equally
on whether or not to allow casino gambling. The Cabinet
itself is also split on it.
Then
came the apparent murder-and-suicide last week, which became
the talk of the town.
Weighed under a load of gambling debts, Simon Lee, a 40-year-old
family man who earned S$2,000 a month, jumped to his death
from a Tampines flat.
Hours
later, police found his wife, Jeslyn Wee, 39, and their
two children - son Jonathan, 11, and daughter Sheena, 4
- dead in their home. The wife had a bruise around her neck
but the children's cause of death has yet to be ascertained.
Their
deaths, among the most heartbreaking in Singapore for years,
have become an unwelcome contribution to the casino debate.
Approval
is believed to be a foregone conclusion and this disaster
is unlikely to stop it.
The pull factors are equally compelling. After years of
stagnation, Singapore's economy - a little tired and jagged
- is in need of new ideas and diversity.
The
manufacturing base has declined to about 20% of the economy
as investors continue pulling out to "cheaper"
countries.
It took
another serious blow last week when California-based Maxtor
Corp, which makes hard-disk drives for personal computers,
announced it would retrench 5,500 workers here by 2006.
It will
close one of two plants in Singapore and move its manufacturing
of desktop products to China. Some smaller companies doing
contract work for Maxtor will also be hit.
The
casino debate comes as Singapore is struggling to replace
the industrial decline by moving into the services sector,
especially tourism, to create quality jobs.
Prime
Minister Lee Hsien Loong warns that job losses may continue
into the future.
Most
critics tend to ignore or bypass the broad scale of the
casino project and its overall contribution to tourism and
the general economy, spotlighting only on gambling and its
social impact.
The
government wants a holiday resort that is modelled after
Atlantis on Paradise Island in the Bahamas. It will go towards
making a vibrant Singapore that is attractive to Singaporeans
and draw skilled foreigners to settle here.
"We
frequently complain that we're always doing the same old
tired things. When the conservative, nanny government is
prepared to try out exciting ideas, we should encourage
it," said a finance executive.
Nineteen
resort operators, including some of the world's most successful,
have submitted plans to build it. "But the casino is
the centrepiece without which few would be interested,"
he said.
For
restructuring to succeed, tourism has to contribute with
a quantum leap. The aim is to double the number of foreign
visitors from the current 8.3 million, what tiny Macao is
currently attracting.
Analysts
describe the project as a catalyst for change rather than
a battle for survival.
Apart from an expected S$1.5bil in annual revenue, it could
also stem some of the S$1bil Singaporeans spend in casinos
overseas.
]
What about the social damage? Last week's tragedy reveals
the serious damage caused by the gambling bug even without
a casino.
A volunteer
group that advises people on the run from loan sharks has
been flooded with appeals for help since its work was featured
in a newspaper report. One Hope Centre's president, Rev
Edward Job, said eight out of every 10 cases involved gambling
debts.
Another social body, the Credit Counselling Singapore (CCS),
which helps debtors restructure their loans with financial
institutions, say some 20% of the 400 cases so far were
trouble caused by share speculation and betting.
Realistically,
all gambling societies have their share of human frailty
and misery, the degree depending on their upbringing and
safeguards.
Simon
Lee is an exceptional example of a betting addiction reaching
dysfunctional proportions.
Among
the debt-ridden gamblers, it will not be easy to find another
like him. Most end up in a financial quagmire or in a divorce
court. Cases of family killing and suicide are extremely
rare.
Simon Lee's dark secret emerged when reporters talked to
his pastor after his tragedy. It had dated back 10 years
when he approached the church to ask for help to repay gambling
debts amounting to S$100,000 and save his marriage.
The
community church helped him raise the money and it took
Simon three years of saving and hard work to clear his debts.
The
final blow came last December when the family went on a
holiday in Genting Highlands. One night, he sneaked into
a casino and lost S$6,000.
That
unveiled a long trail of other losses and mounting debts.
He had been gambling almost ceaselessly on horses, numbers,
soccer and share speculation.
The
public commiserated with his long-suffering wife and children.
The four-year-old girl was in kindergarten while Jonathan
had wanted to study to be a scientist.
Their
tale has swung a few neutrals and raised calls for more
safeguards.
The
government has proposed a daily fee of S$100 (US$61) or
an annual fee of S$2,000 (US$1,225) for Singapore residents
to enter the casino. There is also a ban on advertising
the casino in local media and the extension of credit to
Singaporeans who want to gamble.
The
casino's aim is to attract high fliers, hoping to cash in
on the wildfire expansion of gambling around Asia and not
aimed at lower-income Singaporeans.
It represents
a cultural sea-change here. As its own economic fundamentals
weakened and the regional casinos grew rapidly, along with
their social acceptability, Singapore wants to have a piece
of the action.
One
analyst says that in terms of geographical position, wedged
between East and West, the republic is in the right place.
Although
Las Vegas numbers keep rising and UK moves to expand, it
is the Far East that is the biggest casino growth area of
all, driven in the main by booming China.
Gambling
remains illegal in China, forcing risk-hungry punters overseas,
but it is unlikely to stay this way for long. Moving in
now could give Singapore at least a few years' headstart.
(This
is an updated version of article which appeared in The Sunday
Star.)