Singapore

Singapore locals will soon have a legal means to bet online, after Singapore Pools and the Singapore Turf Club were given the go ahead to run online betting platforms.

Singapore’s Workers Party has expressed concern over the applications from Singapore Pools and Singapore Turf Club (STC) to launch online betting services.

The head of Singapore’s Casino Regulatory Authority is calling for closer sharing of information between global regulators to help combat money laundering and transnational crime.

UBS analysts are lowering their Singapore GGR estimate by -16 to 17 percent, mainly due to weaker VIP trends.

Singapore punters may be able to legally place bets online as early as October.

BMM Testlabs’ Moosad Sreedharan presented at the recent Casino Regulatory Authority's Singapore Symposium on Casino Regulation and Crime.

Six suspects who were allegedly planning a rocket attack on the Marina Bay Sands resort were arrested in a raid on Friday morning, reports CNN.

Casino operator Genting Singapore’s net loss narrowed in the second quarter of 2016, as expenses and finance costs fell.

Money laundering and transnational crime will be some of the key concerns for casino regulators in Asia, said Lee Tzu Yang, the chairman of the Casino Regulatory Authority of Singapore.

Singapore’s two operators are seeking to add more non-gaming attractions to boost growth as income from their casinos continues to drag, with results released this week showing an unexpected drop in mass revenue at Marina Bay Sands.  

 

Singapore’s two operators are seeking to add more non-gaming attractions to boost growth as income from their casinos continues to drag, with results released this week showing an unexpected drop in mass revenue at Marina Bay Sands.  



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