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Sportsbook

Online betting now accounts for 80% of total at Singapore Pools

Monday 14 de March 2022 / 06:45

2 minutos de lectura

(Singapore).- The percentage of online turnover for sports betting at Singapore Pools has risen from 30 percent to 80 percent in just five years. The figure was given by Ministry of Home Affairs Minister Desmond Tan during the second reading of a bill to overhaul Singapore’s gambling regulatory framework.

Online betting now accounts for 80% of total at Singapore Pools

It was used as an example as to why the legislation needed to be revamped to keep up with rapid changes in technology and the way people gamble.

The second main reason for the changes, which will establish a new Gaming Regulatory Authority, was because of the blurring between gambling and gaming, with the introduction of elements such as mystery boxes.

The new legislation includes a clause that specifically allows social gambling at home, but not online.

Under the regime, the government agencies that oversee various forms of gambling, such as the Casino Regulatory Authority and the Singapore Totalisator Board, will be grouped under one umbrella to be known as the Gambling Regulatory Authority (GRA).

There will also be tougher penalties for unlawful gambling, while proxy betting has also been criminalized for the first time.

By Sharon Singleton

Categoría:Sportsbook

Tags: Sin tags

País: Singapore

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Peru Gaming Show 2025

18 de June 2025

Innovation, networking and opportunities: Belatra Games reviews its successful participation at Peru Gaming Show 2025

(Cyprus).- Belatra Games is satisfied with its participation PGS 2025. They achieved new connections, upgraded ideas, and left the show with even stronger intentions to provide quality entertainment on the highest level.

Monday 23 Jun 2025 / 12:00

Successful closing of Peru Gaming Show 2025

(Lima, SoloAzar Exclusive).- With a great attendance and an agenda full of innovation, the 2025 edition of Peru Gaming Show (PGS), one of the most relevant events of the gaming industry in Latin America, came to a successful conclusion.

Friday 20 Jun 2025 / 12:00

PGS 2025: The Future of Gaming in Latin America is Discussed Today in Lima

(Lima, SoloAzar Exclusive).- The second day of Peru Gaming Show 2025 is packed with innovation, networking, and strategic analysis. With 87 exhibitors, keynote addresses, and business opportunities, today's discussion focuses on challenges in marketing, regulation, and the evolution of online gaming. Learn more in this article.

Thursday 19 Jun 2025 / 12:00

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