Online Betting Singapore Law

Singapore citizens and permanent resident who wish to enter a casino must pay a 100 fee that allows them access for 24 hours. Iclg gambling laws and regulations covers common issues in gambling laws and regulations including relevant authorities and legislation application for a licence licence restrictions digital media enforcement and liability in 39 jurisdictions. Domestically the only legal online bookie is singapore pools but there is no law that prevents singaporeans from using foreign online bookmakers.

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However other operators may be granted certificates of exemption in the future.

Online betting singapore law. In the case of the interest in online gambling in singapore there has been the development of a large. Currently only singapore pools and singapore turf club have been granted certificates of exemption under the rga. Interestingly there is nothing to stop citizens of singapore from registering at offshore online bookies such as bet365 william hill and ladbrokes. The legal gambling age in singapore is 21.

Singapore is home to nearly 6 million people and gambling is a hobby that they enjoy. Be it enacted by the president with the advice and consent of the parliament of singapore as follows. Online sports betting is legal in singapore with only a small restriction. With the exception of internet betting which is illegal gambling in singapore is legal licensed and regulated.

This prompted some experts to raise concerns over increased gambling addiction in singapore as a result. An act to regulate remote gambling and remote gambling services affecting singapore and to make related amendments to certain other written laws. Online gambling is legal if it is done through an exempt operator. In september 2016 the singapore government announced plans to relax laws around online gambling paving the way for gamblers to legally bet on sports events and lotto games from their own homes.

The law of supply and demand says that where there is demand a supply will follow. Unfortunately the remote gambling act of 2014 banned online betting in singapore to the point where it is a crime to even play online at overseas betting sites. Individuals who gamble online or via the phone face a fine of up to s 5 000 and six months jail similar to current penalties for illegal gamblers under the betting act and the common gaming. Though legalized online sports betting is heavily restricted in singapore as a result of which the country s only legal online sportsbook is the singapore pools.

The most recent gaming laws in the country represent a drastic attempt to crackdown on offshore gaming. They also have the option of paying 2 000 for an annual membership. The online gambling industry in singapore is booming and flourishing.