Singapore to outlaw offshore gambling

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KH1RNP4B4XA new Bill was tabled in the Singapore parliament on September 8 to target the unregulated remote gambling industry. Once passed, the Remote Gambling Bill will define the activities that fall under its parameters and offer authorities with the regulatory bite to clamp down on such activities.

Remote gambling refers to gambling via the Internet, telephone or any other platform that facilitates communication. With the Bill, the authorities are moving to curb such activities, which is a space that has been left unregulated.

A search online showed that websites specifically target the Singapore audience, with some even offering payment through local banks.

The Remote Gambling Bill aims to target all forms of remote gambling activity – from the gambler and middlemen such as betting agents, to the operators and even syndicates. This will apply so long as part of the gambling activity takes place in Singapore, regardless of where the bet is placed or where the remote gambling operator is located.

Blocking measures are included in the Bill, which will give authorities the powers to implement website access and payment blocking.

Websites that may be blocked include those that “provide, facilitate or advertise remote gambling”, while financial institutions will be instructed to block transfers to accounts linked to persons involved in unlawful remote gambling activities, the Ministry of Home Affairs (MHA) stated.

There will, however, be exemptions to the Bill that was described as a “tightly controlled regime”. Gambling operators can apply to be exempted if it meets the criteria below:

The entity should be based in Singapore
The entity should be not-for-profit
The entity should contribute to public, social or charitable purposes in Singapore
The entity should have a good track record of compliance with Singapore’s legal and regulatory requirements

“Exempted entities will be subject to strict operating conditions, in the areas of social safeguards, responsible gambling, gaming integrity and law and order,” the MHA stated.

The ministry studied the laws and practices of other jurisdictions, such as Hong Kong, Norway and France. A six-week public consultation was conducted, while consultations with grassroots, social services, religious and industry groups were also held and their views were considered, it stated.

 

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Reading Time: 2 minutes

A new Bill was tabled in the Singapore parliament on September 8 to target the unregulated remote gambling industry. Once passed, the Remote Gambling Bill will define the activities that fall under its parameters and offer authorities with the regulatory bite to clamp down on such activities.

Reading Time: 2 minutes

KH1RNP4B4XA new Bill was tabled in the Singapore parliament on September 8 to target the unregulated remote gambling industry. Once passed, the Remote Gambling Bill will define the activities that fall under its parameters and offer authorities with the regulatory bite to clamp down on such activities.

Remote gambling refers to gambling via the Internet, telephone or any other platform that facilitates communication. With the Bill, the authorities are moving to curb such activities, which is a space that has been left unregulated.

A search online showed that websites specifically target the Singapore audience, with some even offering payment through local banks.

The Remote Gambling Bill aims to target all forms of remote gambling activity – from the gambler and middlemen such as betting agents, to the operators and even syndicates. This will apply so long as part of the gambling activity takes place in Singapore, regardless of where the bet is placed or where the remote gambling operator is located.

Blocking measures are included in the Bill, which will give authorities the powers to implement website access and payment blocking.

Websites that may be blocked include those that “provide, facilitate or advertise remote gambling”, while financial institutions will be instructed to block transfers to accounts linked to persons involved in unlawful remote gambling activities, the Ministry of Home Affairs (MHA) stated.

There will, however, be exemptions to the Bill that was described as a “tightly controlled regime”. Gambling operators can apply to be exempted if it meets the criteria below:

The entity should be based in Singapore
The entity should be not-for-profit
The entity should contribute to public, social or charitable purposes in Singapore
The entity should have a good track record of compliance with Singapore’s legal and regulatory requirements

“Exempted entities will be subject to strict operating conditions, in the areas of social safeguards, responsible gambling, gaming integrity and law and order,” the MHA stated.

The ministry studied the laws and practices of other jurisdictions, such as Hong Kong, Norway and France. A six-week public consultation was conducted, while consultations with grassroots, social services, religious and industry groups were also held and their views were considered, it stated.

 

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