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On 29 September 2016, the
Ministry of Home Affairs announced that Singapore Pools would be granted an exemption under the Remote Gambling Act 2014, allowing it to offer online and telephone gambling for 4D and TOTO lotteries, football and motor-racing, subject to strict regulatory conditions and
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The company was set up as a 'not for profit organisation' and the surplus from revenue earned are channeled to the Tote Board, which are then used to fund a profile of causes and charities. The funds handled by Tote Board is also used for promoting the local sports and arts scene and also
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in
Singapore. It provided Singaporeans with a legal avenue to bet on lotteries, countering the rampant illegal betting syndicates that were present. Since 1 May 2004, Singapore Pools is owned by Tote Board, a statutory board under the
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infrastructure projects in
Singapore. Some notable infrastructure projects funded by the company includes, the
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In addition, Singapore Pools is the sole legal bookmaker and totalisator for
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423:"The business of giving: Koh Choon Hui, ex-chairman, Singapore Pools"
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Singapore Pools was incorporated on 23 May 1968 to curb illegal
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Singapore Pools currently operates three lottery games:
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The head office of
Singapore Pools along Middle Road
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425:. The Business Times Singapore. September 3, 2021
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461:. The New Paper. August 9, 2016
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459:"Big hearts, lending a hand"
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608:Lotteries
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196:Singapore
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314:See also
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