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Online Betting Comming to Singapore
ONLINE BETTING EXEMPTIONS IN SINGAPORE
Singapore Pools and the Singapore Turf Club are preparing to launch online betting services.
According to reports in The Straits Times. Singapore online punters will soon - perhaps by the end of next month - be able to legally make bets on Singapore Pools and Singapore Turf Club online sites currently in preparation in anticipation of getting the green light from the authorities.
A spokesman for the Singapore Ministry of Home Affairs approached by the newspaper would say only that the authorities are evaluating applications from Singapore Pools and STC, despite widespread reports that both organisations are currently running final tests on internet betting platforms and have prepared advisories for staff and customers.
Singapore Pools and the Singapore Turf Club are relying on an exemption from the Remote Gambling Act, according to insider reports that claim regulations are still being finalised, but that all lotteries and games except for Big Sweep will be available online, albeit with restrictions on betting amounts and permutations.
There have been some reports that live betting will be permitted as part of the exemptions specific to the two companies.
Singapore Pools offers betting on football and motor-racing as well as 4-D and Toto, while STC takes bets on horse races.
The exemptions come two years after Singapore lawmakers passed the Remote Gambling Act, which outlaws online and mobile gambling on pain of heavy penalties. The government has been active in enforcing the ban, ISP-blocking hundreds of online gambling websites.
However, the Act does have provision for exemptions for not-for-profit enterprises which contribute to public, social and charitable causes in Singapore.
Both STC and Singapore Pools meet these criteria. They are not-for-profit organisations operated by the Singapore Totalisator Board (Tote Board), a statutory board under the Ministry of Finance, and both organisations channel funds through the Tote Board to charitable and social causes.
Jurassic World Online Slot live -
During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.
Is there a place for AI in poker? -
If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word
MLB Odds: Mets vs. Dodgers -
Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.
NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title -
It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.
Vikings’ Victory Slot Launches -
The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.
50 WSOP Seat Satellite -
Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.
NHL Odds: Series Tied Heading Back to Pittsburgh -
As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.
Huge Win at Bitstarz Casino -
There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.
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