Darthrevan Supercharged December 14, 2013 Share December 14, 2013 (edited) Singapore Pools is looking to launch the first licensed gambling website to be based in Singapore. Singapore Pools is looking to launch the first licensed gambling website to be based in the Republic. It comes two weeks after the Government announced plans to limit access to remote gambling platforms such as the Internet and 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 portal for existing members to allow those who have signed up with its phone-betting system to place bets online. Currently, these members can only log on to check their previous transactions and must call a hotline to place bets. Adults who want to register as members must meet criteria, such as identity and credit history checks, before being allowed to set up an account. A decision to go ahead or not is expected as early as the middle of next month, after the Government seeks public feedback on how best to tighten remote gambling laws. Singapore Pools declined to confirm the plans, with a spokesman saying it would be "premature" to comment. But sources said its IT department began to design a members' website with an online betting function about two months ago, with the aim of finishing it for the World Cup in June next year. It is understood that previous attempts to set up a betting website were rejected by the authorities. But, this time round, Singapore Pools is said to have been in talks with government agencies, including the National Council on Problem Gambling. The Government has been studying how best to limit access to remote gambling platforms. Last month, Second Home Affairs Minister S. Iswaran said it will block gambling websites, payments to them and related advertising, possibly by early next year. But there will be exceptions as the Government seeks public feedback on whether a limited form of gambling on some sites should be allowed. This would be similar to the Hong Kong Jockey Club, which is the only online licensee offering both onsite and remote betting for horse racing, the lottery and football in the world. Analysts estimate that Singapore's remote gambling market is worth more than $370 million, and is expected to grow by 6 per cent to 7 per cent annually. A recent Ministry Of Home Affairs survey of 1,000 Internet users found almost three in 10 had gambled remotely at least once in the past year. Mr Iswaran said a total ban may create problems with gambling going underground. Mr Warwick Bartlett, chief executive of Britain-based Global Betting and Gaming Consultants, said of the Singapore Pools idea: "It is much better to have a legal entity that has passed the Government's stringent standards and a brand that punters trust." Source: http://www.straitstimes.com/breaking-news/singapore/story/singapore-pools-looking-start-licensed-gambling-website-20131213 ---------------------------------------- 1st banning online gambling websites & then create one portal on their own..looks like a vested interest rather than the interests of the people Edited December 14, 2013 by Darthrevan ↡ Advertisement 4 Link to post Share on other sites More sharing options...
Mcf777 Turbocharged December 14, 2013 Share December 14, 2013 Open account also must meet their citeria. Who gonna sign up? This will be another elephant project. Waste time man.....cyber gambling only need credit card 1 Link to post Share on other sites More sharing options...
Blackyv Turbocharged December 14, 2013 Share December 14, 2013 Singapore Pools is looking to launch the first licensed gambling website to be based in Singapore. Singapore Pools is looking to launch the first licensed gambling website to be based in the Republic. It comes two weeks after the Government announced plans to limit access to remote gambling platforms such as the Internet and 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 portal for existing members to allow those who have signed up with its phone-betting system to place bets online. Currently, these members can only log on to check their previous transactions and must call a hotline to place bets. Adults who want to register as members must meet criteria, such as identity and credit history checks, before being allowed to set up an account. A decision to go ahead or not is expected as early as the middle of next month, after the Government seeks public feedback on how best to tighten remote gambling laws. Singapore Pools declined to confirm the plans, with a spokesman saying it would be "premature" to comment. But sources said its IT department began to design a members' website with an online betting function about two months ago, with the aim of finishing it for the World Cup in June next year. It is understood that previous attempts to set up a betting website were rejected by the authorities. But, this time round, Singapore Pools is said to have been in talks with government agencies, including the National Council on Problem Gambling. The Government has been studying how best to limit access to remote gambling platforms. Last month, Second Home Affairs Minister S. Iswaran said it will block gambling websites, payments to them and related advertising, possibly by early next year. But there will be exceptions as the Government seeks public feedback on whether a limited form of gambling on some sites should be allowed. This would be similar to the Hong Kong Jockey Club, which is the only online licensee offering both onsite and remote betting for horse racing, the lottery and football in the world. Analysts estimate that Singapore's remote gambling market is worth more than $370 million, and is expected to grow by 6 per cent to 7 per cent annually. A recent Ministry Of Home Affairs survey of 1,000 Internet users found almost three in 10 had gambled remotely at least once in the past year. Mr Iswaran said a total ban may create problems with gambling going underground. Mr Warwick Bartlett, chief executive of Britain-based Global Betting and Gaming Consultants, said of the Singapore Pools idea: "It is much better to have a legal entity that has passed the Government's stringent standards and a brand that punters trust." Source: http://www.straitstimes.com/breaking-news/singapore/story/singapore-pools-looking-start-licensed-gambling-website-20131213 ---------------------------------------- 1st banning online gambling websites & then create one portal on their own..looks like a vested interest rather than the interests of the people What's the problem with collecting more money from the people.?.. I got one against it... Looks like the policy nowadays are all vice related... What's next? Official online chic booking manage by sistic?... 4 Link to post Share on other sites More sharing options...
Blackyv Turbocharged December 14, 2013 Share December 14, 2013 Open account also must meet their citeria. Who gonna sign up? This will be another elephant project. Waste time man.....cyber gambling only need credit card Is to create more job mah.. Once it's up, another ministry set up to regulate and monitor it, then time to time, need to review, then fine if not up to standard and blablabla.. It's all about creating revenue and in the same time, create job for themselves... Let me guess, to open an account, I need to pay 10k deposit so that I'm considered as low risk gambler?.. And they hold onto the 10k as long as my account is active?.. 1 Link to post Share on other sites More sharing options...
Darthrevan Supercharged December 14, 2013 Author Share December 14, 2013 What's the problem with collecting more money from the people.?.. I got one against it... Looks like the policy nowadays are all vice related... What's next? Official online chic booking manage by sistic?... the problem is the hypocritical stance adopted by the government Additionally, argues Iswaran, the nature of games like poker and other casino-type games played online lend themselves to repetitive play and addictive behaviour. Online gamblers have poorer self-control, too, and are more likely to gamble more frequently, for a longer period and with more money than planned, he added. Source: http://sg.news.yahoo.com/singapore-government-eyes-blocking-of-online-gambling-sites-145315619.html Link to post Share on other sites More sharing options...
Lurpsexx 6th Gear December 14, 2013 Share December 14, 2013 What's the problem with collecting more money from the people.?.. I got one against it... Looks like the policy nowadays are all vice related... What's next? Official online chic booking manage by sistic?... Haha.. Then I first go register liao... hehe... No need go GL so mafan.. Home delivery! 2 Link to post Share on other sites More sharing options...
Vid Hypersonic December 14, 2013 Share December 14, 2013 Soon we will have online casinos too... woohooo... Nothing wrong with collecting more money Nothing wrong with collecting more money Nothing wrong with collecting more money Nothing wrong with collecting more money Nothing wrong with collecting more money Nothing wrong with collecting more money Nothing wrong with collecting more money!!!!!!! [:|] [:|] 6 Link to post Share on other sites More sharing options...
Camrysfa Turbocharged December 14, 2013 Share December 14, 2013 Initially, I thought what the heck, SP introducing new evils. But, it may not be so. Take too long to explain la. Link to post Share on other sites More sharing options...
AhJason 5th Gear December 15, 2013 Share December 15, 2013 (edited) LOL. Wah. the gahment everything also do. From NTUC monopoly to all forms of gambling... Edited December 15, 2013 by AhJason Link to post Share on other sites More sharing options...
Blackyv Turbocharged December 15, 2013 Share December 15, 2013 LOL. Wah. the gahment everything also do. From NTUC monopoly to all forms of gambling... This sentence explain everything... "Analysts estimate that Singapore's remote gambling market is worth more than $370 million, and is expected to grow by 6 per cent to 7 per cent annually." 1 Link to post Share on other sites More sharing options...
Watwheels Supersonic December 15, 2013 Share December 15, 2013 (edited) Shut down others first dan kaki open one. Haha.... They must have seen the potential$$$ in this wan. Huat ah! The zhoa lee is strong in this wan. Edited December 15, 2013 by Watwheels 1 Link to post Share on other sites More sharing options...
Vid Hypersonic December 15, 2013 Share December 15, 2013 Ban all other gambling websites because they are vice but start your own because it's good for their pockets Link to post Share on other sites More sharing options...
Myxilplix Turbocharged December 15, 2013 Share December 15, 2013 Online gambling is bad! Unless you do it with Singapore Pools, then it's alright.... 5 Link to post Share on other sites More sharing options...
Toothiewabbit Supersonic December 15, 2013 Share December 15, 2013 Another example that reveals their thinking - that we are stoopid enuf to buy into it. 1 Link to post Share on other sites More sharing options...
Mcf777 Turbocharged December 15, 2013 Share December 15, 2013 LOL. Wah. the gahment everything also do. From NTUC monopoly to all forms of gambling... When are they going to open "Aunty Lucy International Chick Farm"? 2 Link to post Share on other sites More sharing options...
Blackyv Turbocharged December 15, 2013 Share December 15, 2013 Online gambling is bad! Unless you do it with Singapore Pools, then it's alright.... 4d buy from "um" side is illegal, but buy from singapore pool is ok. soccer betting be it with pundit or online is illegal, but buy from singapore pool is ok. gamble at gambling den is illegal, but gamble at casino is ok, coming soon--> online betting is illegal, but singapore pool online betting is ok. so, let me ask you all, what else you wanna bet on?how else you wanna lose spend your money?? let me know and i will make sure singapore pool manage it for you .... Link to post Share on other sites More sharing options...
Watwheels Supersonic December 15, 2013 Share December 15, 2013 (edited) Next thing they will say is that the money collected is to help sgporeans. Haha.... Actually they do donate to charity. But how much they earn is unknown. Must be plenty. Edited December 15, 2013 by Watwheels Link to post Share on other sites More sharing options...
Picanto 3rd Gear December 15, 2013 Share December 15, 2013 This country is run like a company trying to maximize its profits ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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