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Singapore Gambling Exemptions Granted

DESPITE PROTESTS, SINGAPORE ONLINE GAMBLING EXEMPTIONS GRANTED (Update)
 
State-linked Singapore Pools and the Singapore Turf Club permitted to take online wagers....but no casino-style gaming.
 
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
 
On Thursday a new chapter on the issue opened when the governments Ministry of Home Affairs went ahead and granted exemptions to the Singapore Pools and the Singapore Turf Club, allowing mainly sports wagering under tightly controlled conditions but expressly excluding casino-style gaming and online poker.
 
Other conditions include an age limit of 21 years for players; a requirement that players set daily limits; no gambling on credit; and the maintainance of a self-excluding facility. Advertising of remote gambling services will not be permitted.
 
The exemptions carry punitive penalties for breaches of the conditions; fines of Sg$1.0 million ($734,000) for every guideline breach.
 
Justifying the exemptions, a ministry spokesman pointed out that sports betting in Singapore is deeply entrenched, and that even a comprehensive regulatory regime has difficulty in totally blocking online gambling.
 
"A complete ban would only serve to drive more remote gambling underground, making it harder to detect, and exacerbate the associated law and order and social concerns," the spokesman said. "A tightly-controlled exempt operator regime mitigates such concerns."
 
Singapore Pools is planning to launch its online enterprise on October 25, offering lotteries for 4D and Toto, and online betting for football and Formula 1, whilst Singapore Turf Club will launch its online and mobile platform on November 15, 2016 offering horse-race betting online.



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League of Legends Live Odds - This week, Betradar, the premium partner for the betting industry worldwide, has officially launched live odds for League of Legends, developed in conjunction with esports big data specialists DOJO Madness.

JETS Media Traineeship awarded to Shelley Birkett and Jason Kiely - The 10-week RMG – JETS Media Traineeship will cover all aspects of the media, including presentation, punditry, production, digital, marketing and PR.

Comunio in deal with - One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar

McGregor’s Odds vs. Mayweather Get Even Shorter - Conor McGregor is still the underdog for his August 26 superfight in Las Vegas with Floyd Mayweather Jr., but his odds are improving. McGregor has shortened from +375 last week to +350 at press time, with Mayweather moving from –550 to –500.

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MLB Odds: Yankees vs. Jays at Rogers Centre - The Toronto Blue Jays (56-61, –14.26 betting units) are moving slowly up the AL Wild Card standings, and they can get closer to the Promised Land by beating up on the injury-plagued Tampa Bay Rays (59-60, –2.79 units). Game 2 of their four-game series is Tuesday at 7:07 PM ET on Sportsnet.

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