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Rolex for Casino Cash Fuels Singapore Pawnshop GrowthBy Jonathan Burgos and Sanat Vallikappen2014-06-18T04:15:14Z- CommentsEmailPrintShareFacebookTwitterGoogle+LinkedInEmailPrintSaveRelatedOi Wah Pawnshop: Winning Customers Amid Tightening

rolex Yeah Lee Ching recalls when a lady walked into her pawnshop in Singapore and pledged a $10,000 diamond-studded gold Rolex watch to bankroll casino spending. She never came back for her jewelry.

replica rolex Pawnbrokers are proliferating across Singapore as gamblers seeking short-term loans add to demand for quick cash from people struggling to make ends meet in the world’s most expensive city. The number of pawnshops in the city-state surged to 214 this year from 114 in 2008, according to a report by DMG & Partners Securities Pte. Loans disbursed by the industry jumped to S$5.5 billion