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online casino Singapore: Judging by the popularity of the online gambling scene in Singapore, you would be forgiven for assuming that the industry is legal in the country. The number of gamblers wagering large sums of money on online casinos has been increasing significantly in recent times. Singapore is also home to two of the best offline casinos in the world, bringing in massive amounts of money and attracting players from all over. However, the government tightly regulates online gambling in Singapore, and operators, as well as players, need to abide by them. Violating online gambling laws in the Garden City can attract severe penalties, but not many people, including the players, are aware of what is allowed and what is not. So here are online casino Singapore laws – everything you need to know.
What is legal?
Online gambling in Singapore came under a blanket ban after the introduction of the Remote Gambling Act in 2014. However, some forms of gambling in Singapore are exempted from the ban so let’s take a look at the legal ones first.
Sports betting falls under the category of Singapore pools, which are legal in the country. Sport is a huge phenomenon in this Asian country, so it makes sense that there is a lot of online and offline interest. The two sports you can legally wager in Singapore are motor racing and soccer. Under motor racing, gamblers can bet exclusively on Formula 1 races that have a cult following in the country. Soccer betting in Singapore covers all the major leagues in the world, including the ones from South America and Europe. In addition, online soccer betting in Singapore also includes international matches and tournaments.
Online horse racing is also legal in Singapore and attracts huge crowds and players. The Singapore Turf Club regulates horse betting and online wagering of sports. But unless you use a VPN to cover your wagering tracks, online wagering on horse racing is limited to the state’s only tracks, Kranji.
Lotteries, including TOTO and state lotteries, are also legal in Singapore. Online lotteries in the Garden City have huge jackpots up to $10 million and draw a huge amount of players. Most of the lotteries in Singapore have up to two draws per week.
Poker is also legal in Singapore, but it is restricted to the two government-recognized casinos in the country. This means that your options for playing offline poker are in Resorts World Sentosa and Marina Bay Sands. However, playing poker at these premier resorts is quite expensive as the entry fees for one game can cost up to $100. Therefore, the casino resorts are limited to high rollers and are the reason why many people prefer playing at international bookies and online casino Singapore such as Rai88.com. This online casino’s poker has the latest technology for a seamless gaming experience. In addition, Rai88 poker is one of the only few available mobile apps for Android and iOS, making it highly accessible to all players.
Social gambling in the offline platform is also legal in Singapore. Gambling among friends and family in a home setting is exempted from the law under the current legislation. Note: Online betting categories under Singapore pools – sports betting, lotteries and horse racing have extremely low odds, especially by international standards. In addition, Singapore pools also do not offer any bonuses or promotions.
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What is not legal?
Online gambling Singapore laws prevent all forms of gambling except the ones mentioned above. In addition, the Gambling Regulatory Unit or the GRU of Singapore prohibits the following activities related to online gambling:
Penalties for violating online gambling laws in Singapore
Singapore is a country that is known for strict law and order, making it one of the safest places on the planet. This means that the stringent laws against online gambling are no exception. There are several regulatory acts and laws against online gambling and the casino culture in the state. These include:
The penalties for Singapore’s online gambling laws include:
Gambling on online platforms that the government does not authorize carries risks, and you should do so at your own risk.
The laws governing online casino Singapore culture are plentiful and stringent, and violation of the laws entails severe penalties. The gambling regulations apply to both online and land-based establishments engaged in online gambling activities. As citizens of the country known for exemplary law and order, agents, operators, and punters in Singapore have a shared responsibility to abide by and support the gambling laws. Abiding by the online gambling laws requires a careful understanding of the various laws and monitoring any changes and updates which are made periodically. However, if you love gambling in online casinos in Singapore, it is paramount that you use the best VPNs, so you don’t get into legal trouble. Apart from circumventing software, using independent online payment modes is also a great way to secure your online gambling activities. In this regard, online casinos in Singapore that has cryptocurrency payment options are the best and safest options.