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Interpretation |
2. In this Act, unless the context otherwise requires --
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- Singapore Pools takes a strong Play Responsibly stand. Customers should play our games just for a little flutter and it must not adversely affect their finances or lifestyle. Our game rules do not allow any person under the age of 18 to place a bet or claim a winning ticket prize. Account betting is only available to those above 21 years old.
- Online gambling in Singapore is still very common despite a law that took effect on February 2, 2016, making it illegal to bet offshore and imposing harsh penalties for those who get caught. The Remote Gambling Act closed gray area loopholes in regards to online betting that were not addressed in previous laws.
- Oct 10, 2017 Private Lotteries Act – Which covers lotteries conducted in private locations Casino Control Act – This act directly regulates the two licensed casinos in Singapore.
The first Singapore casino only opened in 2006, so this is an industry still in its infancy when compared with Las Vegas or Macau, but as Singapore is one of the world’s banking capitals, and with many high-rollers regularly travelling through, you can be sure that high stakes are being risked every night of the week. The types of gambling available in Singapore are: casinos, horseracing tracks. The largest gambling city in Singapore is Marina Bay with 6 gambling facilities, 727 tables games, 2,575 gaming, slot, and video poker machines. The largest casino in the entire country of Singapore is Marina Bay Sands Casino which is located in Marina Bay.
Updated on Monday 07th January 2019 Gambling in Singapore
The gambling industry has started to develop in Singapore during the last few years as a response to the global trends of gaming activities. However, the Singapore authorities have been preoccupied to provide optimum conditions for gaming operators from the first establishments or casinos, lotteries and other gambling facilities. Considering online gambling has become one of the most prolific industries, the Singapore Casino Regulatory Authority has started implementing laws and regulations to shield legitimate companies from illegal operators.
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Legislation related to gambling activities explained by our experts in opening companies in Singapore
There are several laws regulating gambling activities in Singapore. Among these, the oldest are:
- - the Private Lotteries Act of 1952,
- - the Betting Act of 1960,
- - the Common Gaming House Act of 1961,
- - the Betting and Sweepstake Duties Act.
In 2006 the Singapore Casino Regulatory Authority enabled the Casino Control Act in order to allow investors to operate gaming facilities in the city-state based on special licenses. There are currently two large casino operators in Singapore.
In 2014 the Government enabled the Remote Gambling Bill which is meant to regulate online gaming in Singapore. For detailed information about the laws on gaming activities in Singapore or for assistance in order to open a company in Singapore in this field of activity you can refer to our specialists in company incorporation.
Types of gaming activities in Singapore
The 2014 Remote Gambling Bill allows for the following types of gaming activities to be undertaken in Singapore:
- - betting,
- - gaming,
- - lotteries,
- - games of chances.
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The Singapore legislation also establishes that online gambling activities can be conducted through remote communication means such as the Internet, telephone, television or radio. Companies providing online gambling services are required to obtain a license with the Media Development Authority in Singapore for conducting such activities.
The law also provides for exemptions from certain licensing requirements for online gaming activitiesin Singapore. These exceptions apply only to foreign operators providing their services in Singapore. However, for detailed information on how to open a company in Singapore as a gaming facility and licensing requirements it is best to verify with our company incorporation agents.
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Roger Pay is the Managing Director of Bestar and an experienced company formation consultant. He will help you open your company in Singapore as fast as possible.
As a Bestarclient, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Singapore.
As a Bestarclient, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Singapore.
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Setting up a private limited company in Singapore
Open branch office in Singapore
Setting up a subsidiary in Singapore
Virtual office in Singapore