Violation of either of these Acts can result in a fine of up to SGD5 million and imprisonment for up to seven years. The government is reviewing the existing gambling laws to ensure that they continue to protect consumers and the economy from potential harm.Ĭurrently, the Gambling Act 1960, Common Gaming Houses Act 1961, and Casino Control (Gambling) Act 2006 govern the legality of remote gambling. These factors have contributed to the uncertainty surrounding the legality of online gambling in Singapore. Recent developments in technology have made gambling products available online, blurred the line between gaming and gambling, and introduced new business models with gambling elements. While the government of Singapore traditionally regarded gambling as a social vice, it has recently issued a public consultation on the legality of online gambling in the country.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |