Suvarna Garge (Editor)

Singapore Pools

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Type
  
State-owned company

Area served
  
Founded
  
1968

Industry
  
Revenue
  
6.247 billion SGD (2013)

Net income
  
623 million SGD (2013)

Singapore Pools httpsuploadwikimediaorgwikipediaenthumb9

Key people
  
Koh Choon Hui (Chairman)Seah Chin Siong (CEO)

Website
  
www.singaporepools.com.sg

CEO
  
Seah Chin Siong (1 Jan 2015–)

Parent organization
  
Singapore Totalisator Board

Profiles

4d singapore pools lottery 4d strike 1st prize


Singapore Pools (Private) Limited is a state-owned lottery subsidiary company in Singapore. As a wholly owned subsidiary of the Tote Board, it is the only operator that is legally allowed to run lotteries in Singapore.

Contents

Singapore pools


History

Singapore Pools was incorporated on 23 May 1968 to curb illegal gambling 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 Singapore Totalisator Board, a statutory board under the Ministry of Finance.

Lotteries

Singapore Pools currently operates three lottery games:

  • TOTO - make big dough every Monday and Thursday
  • 4D - a 'pick four' lottery drawn on every Wednesday, Saturday and Sunday
  • Singapore Sweep - sweepstakes/raffle-style lottery drawn on the first Wednesday of every month
  • Sports betting

    In addition, Singapore Pools is the sole legal bookmaker and totalisator for association football and motor racing betting.

    Remote Gambling

    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.

    References

    Singapore Pools Wikipedia