Local platforms in the name of mobile casino services do not match many people's expectations. As a result, local punters in the country usually resort to oversea platforms to access online casino services. Due to a variety of options and the wealth of services, mobile penetration is massive and is estimated at 160%.
Popular bookmakers which generate high revenue from Singaporean subscriptions include M1, Starhub and Singtel Mobile. Statistically, Singapore is among the top nations with the highest internet penetration in the world. Players can access 24 hours of mobile casino services. This explains why this sector is highly established and still growing.
Casino gaming in Singapore is highly regulated. To curb illegal syndicates, the government opened up two state-owned sites whose operations exclusively rely on input and guidelines from the government. Private firms, sportsbooks and online casinos are highly illegal and can attract criminal charges. New service providers need legalization before entering the market.
Marina Bay leads in the legal land-based casino establishments. Marina Bay Sands is the largest casino with 700 table games, 2500 gaming machines and numerous video poker machines. However, the Singaporean government is entrusted with running all the facilities. Any proceeds out of the casino gaming are channelled to the government's funds.
Section 100 of the Casino Control Act of Singapore demands that any service provider obtains formal approval from the Casino Regulatory Authority before starting their business. The requirements include compliance with the terms of services as outlined in the act. Failure to comply with such terms leads to immediate revocation of the license.
Through licensing, the state can easily regulate the services offered by various platforms and bookmakers. This is inclusive of the mode of play, type of services and the gaming rules. By using a licensed service provider, potential gamers are assured of a safe and fair platform where all their rights are protected.
Singaporeans can access online casino services from numerous platforms. However, only two of these online platforms are of Singaporean origin. The two bookmakers are state-owned to ensure that players can expect high-quality experience and credibility when it comes to service delivery. This helps in remaining responsible when gambling.
Other than attaining the age of majority, there are no rules, but it is advisable to stay aware when playing. Heavy drinking is not acceptable when playing slots. Additionally, players must carefully check their cash flow. By drafting a budget, players can check out their cash flow patterns and know when to quit or proceed.
Singapore is one of Asia's business hubs. It features a rapidly blossoming economy with excellent productivity and reliable workforce. Over the past three decades, the country has topped the list of Asia's most business-friendly countries with the highest GDP in the world. Featuring outstanding infrastructure, Singapore remains many people's favorite holiday destination.
Singaporeans are esteemed lovers of both indoor and outdoor games. In this country, gaming adds to the basket of activities which define the culture and general lives of its citizens. Singapore's casino market is a multi-billion industry that is motivated to dethrone Las Vegas when it comes to gross annual revenues.