Industry
January 13, 2023
Singapore Actor Investigated for Promoting Illegal Gambling
An actor in Singapore is under investigation for an alleged breach of the Gambling Control Act by promoting an illegal gambling website in three video commercials. Gambling with Unlicensed Operators Terence Cao, 55, participated in various roles in the three video commercials and all of his roles silently promoted the excitement and fun derived from […]
Lottery
December 6, 2022
Singapore Lotteries and Sportsbooks Report Historic Rise in Turnover
Singapore’s Tote Board has released its annual report for 2021/2022, signaling a 40% rise in lotteries and sports betting turnover compared to the numbers recorded in the previous year. The total wagers on the two segments reached SG$9.2 billion ($6.80 billion) and they primarily aimed at games like Toto, 4-D, and soccer, according to data […]
Industry
December 5, 2022
Singapore Continues to Arrest Individuals over Illegal Gambling
Singapore has been actively seeking to uproot illegal gambling in the city-state and it has largely been successful owing to its police authorities. Over the past three years, a total of 2,400 people were arrested because of illegal gambling, with 800 arrests pertaining directly to illegal sports betting. Arrests Continue as Police Crack Down on […]
Industry
November 17, 2022
Singapore to Crack Down on Illegal and Problem World Cup Gambling
The Ministry of Home Affairs and the Ministry of Social and Family Development in Singapore vowed on Thursday to step up their efforts and make sure that they limit the reach of illegal gambling and problem gambling during the World Cup which will be taking place from November 20 through December 18. Authorities Ready to […]
Business
October 27, 2022
Singapore Pools Ltd Receives 3-Year License Approval
Singapore Pools (Private) Ltd has received a three-year license from the Gambling Regulatory Authority in Singapore. The newly established gambling regulator has granted the company rights to operate gaming, lotteries, and betting contests over the specified period. Singapore Pools Is an Old-Timer in Singaporean Gambling The regulator confirmed on Wednesday that Singapore Pools Ltd has […]
Casino
August 30, 2022
Marina Bay Sands Launches $1M Scholarship to Train Local Talent
Marina Bay Sands, a luxurious hotel in Singapore, offering hospitality and gaming, will launch a new scholarship program. Las Vegas Sands, which owns the establishment, will invest $1 million in the program, benefitting over 100 local students. MBS Launches a Scholarship Program According to a statement from Las Vegas Sands, the program is a part […]
Industry
August 17, 2022
Singapore Inaugurates New Regulator to Get Ahead of New Gambling Trends
On August 16, Singapore inaugurated its new Gambling Regulatory Authority (GRA), which will take over from the Casino Regulatory Authority (CRA) and will aim to practice a holistic approach toward the whole of the gambling industry, encompassing all new gambling products that are available on the market. Establishing the New Regulator The GRA inauguration ceremony […]
Casino
August 15, 2022
Genting Singapore Posts H1 Results
Genting Singapore, Singapore-based regional leisure, hospitality and integrated resorts development specialist, posted its financial results for the first half of the year. Although the company’s overall revenue increased, its profits suffered amid high costs and changes in the regulatory landscape. Genting Singapore’s Revenues Increased Genting Singapore, which operates Resorts World Sentosa, reported revenue of $481.8 […]
Industry
August 1, 2022
Singapore Gambling Regulatory Authority, Legal Changes into Effect
The Singapore Gambling Regulatory Authority Act was introduced for first reading in the Singapore Parliament on February 14, alongside the Gambling Control Act. They passed in Parliament on March 11, 2022, and are going into effect today, August 1, 2022. Together they bring a number of changes to how gambling is regulated in terms of […]
Casino
July 22, 2022
IMF Issues a Report on Singapore, Praises the Country’s Recovery
The International Monetary Fund has released a Singapore report in which it praised the approach that the city-state had to the pandemic. The document was released on Thursday, just a day after Marina Bay Sands released its Q2 results, which reported that the company’s net revenue increased by 107.6%. The Economy Has Recovered Impressively, the […]
