History of Gambling and Online Betting in Singapore
Gambling has a long history in Singapore, dating back to the colonial period when it was a popular pastime for British expatriates. In the 1960s, the government of Singapore established the Singapore Turf Club and Singapore Pools, which provided legal forms of betting such as sports betting, horse racing, and lotteries. In 2005, the government decided to open up the gambling industry to the private sector as a means to stimulate the economy, resulting in the 2010 opening of two renowned land-based casinos in Singapore, Marina Bay Sands Casino and Resorts World Sentosa.
Singapore’s online casino industry has experienced significant development in recent years due to the convenience and accessibility of the internet and its proliferation. Besides, the rise of mobile technology gave a big boost to the online casino industry in Singapore too. Thus, more online casino brands are entering the Singapore market, allowing Singaporeans to gamble from the convenience of their home at any time at their preferred online casino Singapore. In addition, the government of Singapore transformed Singapore Pools as an online gambling platform that offers regulated online sports and lottery gambling.