A court case in Singapore initiated in 2019 for violation of the Intestate Succession Act resulted in a four-year jail presence for 62-year-old Tan Siong Choon, who had misused his late brother’s money for gambling and buying stocks, Singapore media Today reported. Gambling behind the Misappropriation of Funds Siong Choon was sentenced to 4 years […]
A Singaporean bank teller at OCBC has stolen S$10,000 ($7,200) from their cash bag in the space of two months to fund their gambling habit. The culprit, one Zechariah Wong An Yi, will now spend at least six months in prison after he admitted fault and pled guilty to criminal breach of trust. Another four […]
Global Gaming Expo Asia’s organizers have decided to move the hosting location for its 2022 event. Instead of it taking place in Macau, the new host will be Singapore. Previously, G2E Asia has been postponed a few times to China’s zero COVID policy, which makes it impossible for foreigners to enter the special administrative region. […]
Many gambling proponents, both individuals, and companies consider gambling to be a fun activity if done responsibly, but that wasn’t the case for the 20-year-old Terry Tong Hong Zhi from Singapore, who lost S$40,000 ($30,000) worth of loans while gambling online and was caught by the police while trying to obtain the money back in […]
Global supplier of iGaming solutions International Gaming Technology (IGT) has agreed to a six-year partnership with Singapore Pools Limited. As a result, IGT will be powering Singapore Pools’ lottery solutions through its dedicated Aurora system which is now rolling out across all shops in the country. Singapore Pools and IGT Continues to Carry On Together […]
Singapore is marking the end of a long journey in which the country has set out to overhaul its gambling industry and create a regulatory framework that would create clear-cut rules, boost competitiveness, and improve consumer safety. Now, the Singapore parliament has gone ahead with two bills that are designed to usher in a number […]
Last week during its plenary, the Financial Action Task Force (FATF) announced who it formally decided to appoint as its new president. The FATF Announces Details Regarding Its New President The Paris-based global money laundering and terrorist financing watchdog revealed that it decided to appoint T. Raja Kumar from Singapore as its new president. The […]
A Malaysian man who lives and resides in Singapore – a country that is known for its tough stance on illegal gambling – has got himself in a lot of trouble over a gambling debt he thought he could cover by committing a crime, The Straits Times reported. Lim Cheng Siang, a construction foreman, ended […]
A 57-year-old male in Singapore is facing a hefty fine along with jail time over running a multi-million dollar illegal online gambling syndicate. Leader of Illegal Gambling Syndicate Faces Jail and Hefty Fine It was back in December last year when Seet Seo Boon, now 57, admitted to participating and leading an illegal online gambling […]
Efforts from authorities in Singapore to tackle illegal horse betting continue to deliver results after a report released by the Singapore Police Force on Tuesday, February 22, revealed a total of 89 men are being investigated. Multiple Island-Wide Raids The report released by the police stated all suspects, men aged between 34 and 87, are […]
