Casino
March 13, 2023
Singapore Regulator Prohibits Cryptocurrency Usage in Physical Casino
The newly formed Gambling Regulatory Authority (GRA) has announced a complete ban on the use of cryptocurrencies in land-based casinos, reported Inside Asian Gaming. Regulator Aims to Prevent Cryptocurrency Usage in Singaporean Casinos Albert Yeo, GRA’s General Counsel, stated that casinos have no appetite for the volatile revenue stream associated with cryptocurrencies. The agency aims […]
Sports
March 8, 2023
LIV Golf Singapore to Be Presented by Resorts World Sentosa
LIV Golf Investments, a new company seeking to further unlock the hidden potential of golf worldwide, announced it has chosen Resorts World Sentosa (RWS) as its presenting partner and the official hotel of the upcoming LIV Golf Singapore. Partnering with LIV Golf Presented by Resorts World Sentosa, the LIV Golf Singapore at the end of […]
Legal
February 15, 2023
Woman Jailed after Running a Fake Gambling Scheme
Wu Hong, a 41-year-old Chinese woman who scammed people in Singapore out of over $1.57 million (converted to USD), has been sentenced to 12 years in prison. Prior to her sentencing, the con artist used to promise victims that their money would be invested into Chinese gamblers who come to play at Singaporean casinos. Needless […]
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 […]