Singapore online operators wait for the exception to the rules

    Published in: Latest IntelligenceThe Singapore government has now made it clear it plans to regulate online gaming. What’s less clear however are potential exemptions to the rules that may allow operators scope to tap into the market’s potential.To date, online gambling in Singapore has been a regulatory grey area. It wasn’t specifically banned, as rules governing gaming were drawn up prior to the Internet era. The general consensus has been that services targeted at locals probably fell outside the law.The uncertainty left a significant number of online sites able to carry out operations in a seeming twilight zone.The nation’s two legal and government-operated betting outlets, Singapore Pools and The Singapore Turf Club, both accept phone betting but do not offer online wagering.The government earlier this year said it was considering regulation of the sector, amid concern about the social impact of online gaming, particularly on the youth of a...

    Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.