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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.
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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