Singapore Pools looking to start licensed gambling website
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Singapore Pools is looking to launch the first licensed gambling website to be based in Singapore.
It comes two weeks after the Government announced plans to limit access to remote gambling platforms such as those on the Internet and accessible via mobile gadgets.
Sources told The Straits Times the lottery operator is exploring ways to offer an online betting option to registered members as part of plans to revamp its portal. One proposal is upgrading the existing members portal to allow those who sign up with its phone betting system to place bets online. They can now log on only to check previous transactions and must call a hotline to place bets.
Adults who want to register as members and set up accounts must meet criteria like passing identity and credit history checks.
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Singapore Ministry of Finance will earn more money then...only a small percentage goes to charity.
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Many people like to gamble.