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The Private Lotteries Act of controls the activities and the taxes applicable to private lotteries. If illegal online operators have an assistant, they also risk paying solid fines and spending up to 5 years in prison. The Betting Act of is the piece of legislation betting houses and bookmakers have to comply with. That is why Singapore gambling authorities decided to pay closer attention to the online gambling issue and forbid it on the territory of the country. In a special statement, released by the Ministry of Home Affairs, were revealed the main reasons why online gambling is not available anymore. Imprisonment of 7 years is also among the penalties. Top Rated Online Casinos for Singapore. Despite the lack of online gambling options in Singapore, the breaches in the law allow players to participate in gambling activities provided by foreign operators from the comfort of their homes. Bearing this factor in mind, it would be better if Singapore-based players have access to a certain range of remote gambling options. Gambling Industry Overview in Singapore The following approaches will be presented Gambling legislation in Singapore Gambling authorities in Singapore Online casinos in Singapore and more. Gambling affairs in Singapore have to be compatible with four pieces of legislation. However, the complete prohibition of remote gambling options raised the question about the expansion of the gray markets. Back in , two casinos, part of Marina Bay Sands and Sentosa, were backed by authorities. Tuesday, July 7, Singapore Online Gambling Guide. Singapore Mulls Tighter Due Diligence Requirements for Casinos Singapore mulls tighter due diligence processes for casino patrons in a bid to prevent its gambling facilities from being used All Rights Reserved. The ban was imposed with the aim of protecting minors and people prone to gambling addiction but the free access to unregulated markets is considered even more dangerous as not identity verification is required. At the beginning of , the Casino Control Bill was introduced and the two casino resorts were given the nod for a year period that expires in According to the Singaporean laws, players are supposed to pay entrance fee that depends on their nationality. Vegas Hero Casino.{/INSERTKEYS}{/PARAGRAPH} The penalties are even more severe to organizers of illegal gambling activities. Authorities pointed to the protection they needed to ensure the vulnerable part of the population with and limit the dangers caused by free access to online gambling. Although online gambling was projected to bring stable revenue, Singapore legislators decided to completely prohibit the online gambling on the territory of the country. According to the clauses the Act contains, all forms of online gambling in Singapore are strictly prohibited. The abundant choice of places where a player could place a bet, made the sports betting a widespread activity in Singapore. Apart from online casino games, the Act also prohibits racing and sports wagering in Singapore but the social games such as Candy Crush Saga, Farmville, etc. Singaporean residents pay more than foreigners as gambling authorities wanted to discourage them from engaging in gambling activities and therefore, protect them from the negative factors they are exposed to β€” namely overspending and addiction. The Casino Control Act is the latest piece of legislation that regulates the gaming activities performed in casinos. Apart from the wide variety of casino games in the two venues, Singapore residents and visitors used to be able to take part in sports betting on local and international level. Singaporean officials opted for such a move in order to remain competitive, keep the tourism sector and the economy in general, stable. Singaporean authorities have been reluctant to diversify the casino industry and give their consent to the establishment of casino resorts on the territory of the country for a long time. The lack of clearly specified law related to online gambling affairs was likely to lead to breaches in the existing regulations. Common Gaming Houses Act prohibits the popularization as well as the participation in lottery games and attendance of common gaming houses. As for the remote gambling activities, Singaporean officials have taken imminent actions towards their complete prohibition and Singapore players are not allowed to place bets via mobile devices and computers. However, it does not address the online gambling and the impact it has on residents. {PARAGRAPH}{INSERTKEYS}Singaporean gambling market is considered an emerging one and the traditional casinos on the territory of the country are thriving despite the current issues that have befallen the Asian gambling sector. The number of online casinos, accepting Singaporean players is constantly growing and the majority of them maintain Chinese and Malay translation. Royal Panda. Singapore mulls tighter due diligence processes for casino patrons in a bid to prevent its gambling facilities from being used Genting Singapore, a subsidiary of Malaysian casino and hospitality giant Genting Group, is now focusing its Japan expansion efforts on More info Got It! Read Review.