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Singapore's Remote Gambling Act
Tuesday October 14,2014 : INDUSTRY AWAITS IMPLEMENTATION OF SINGAPORE ONLINE GAMBLING BAN
Proposed restrictions are broad.
With Singapore's Remote Gambling Act now approved by lawmakers, the industry awaits the implementation of the wide-ranging prohibitions on mobile and online gambling, which are expected to be rigorously enforced.
The new law criminalises all remote gambling activity not approved by government, and impacts every sector involved in remote gaming activity, including operators, agents, brokers, service providers, advertising networks, payment processors, financial institutions, ISPs and even players - the only legislation other than that in the state of Washington, USA to specifically make playing online a criminal and punishable offence.
It appears at present that there will likely be just two exceptions to the draconian regulations - Singapore Pools and Singapore Turf Club - who stand a chance of receiving restricted licensing approval, although this has yet to be confirmed.
A government minister has already indicated in a public speech that any exemptions will require the company concerned to be a not-for-profit, charity-contributing organisation operating and based wholly in Singapore and within easy reach of the government in the event of any infractions.
Even then, such an exemption will not permit any form of casino-style games, experts point out.
The new law will effectively place Singapore out-of-bounds to foreign operators, and will likely be enforced through financial transaction restrictions, blacklisting and possibly ISP blocks.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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