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Legal
April 8, 2022
Singapore Man Tries to Illegally Pay a Gambling Debt, Gets Caught by Police
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 […]
Business
March 23, 2022
IGT Extends Contract with Singapore Pools Once Again
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 […]
Industry
March 14, 2022
Singapore Advances Two Gambling Bills in Parliament
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 […]
Legal
March 10, 2022
Raja Kumar from Singapore Will Be FATF’s New President
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 […]
Industry
March 10, 2022
Malaysian Man’s Gambling Debt Gets Him in Prison in Singapore
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 […]
Legal
March 4, 2022
Singapore: Illegal Gambling Syndicate Leader Gets Jail Time, Fine
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 […]
Sports
February 22, 2022
Singapore Police Raids Illegal Horse Betting Operations
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 […]
Business
February 21, 2022
Genting Singapore Advances Planned Resorts World Sentosa Upgrades
Resorts World Sentosa (RWS) is getting a facelift. Genting Singapore Ltd, its owner, is going to invest almost $298 million in updating a portion of its attractions and revamping three existing hotels. Work will begin next quarter and could continue into 2024. Resorts World Sentosa Growing These improvements are essential for a $3.3-billion spending plan […]
Industry
February 14, 2022
Singapore Closer to Establishing Single Gambling Regulatory Authority
The Ministry of Home Affairs (MHA) in Singapore has doubled down on its plans to introduce a new gambling regulator in the country, with the arrival of the Gambling Regulatory Authority (GRA) expected to happen at some point in mid-2022. To this end, two new bills were introduced in parliament for reading today. The country […]
Casino
February 8, 2022
Marina Bay Sands Set to Receive $1B in New Reinvestment Plan
Las Vegas Sands announced the biggest to date reinvestment plan for its Singapore integrated resort Marina Bay Sands as all industry eyes are on the recovery of global tourism. Commitment to Hospitality Experiences The $1 billion reinvestment plan spanning hotel rooms and suites, new food and beverage offerings and other enhancements is the latest display […]