Getting involved in the Singapore Lottery is a fun way to win some cash, but there are also risks. The best thing to do is choose a trusted lottery website that offers a secure online experience.
The only legal lottery operator in Singapore is Singapore Pools (Private) Limited. It operates the country’s three main lotteries: 4-D, Toto and Singapore Sweep. In addition, it has a range of sports betting markets including cricket, horse racing and motor racing.
Singapore’s gambling industry is back on the rise, with a 43% increase in expenditure reported by the Tote Board last year. With the easing of COVID-19 restrictions and the resumption of global sports tournaments, gamblers are spending more money than ever before.
SGD9.2 billion was spent on lotteries and sports betting in the last financial year, according to the Tote Board. This is a record amount for the statutory body and shows that Singaporeans are gambling more than ever before.
Despite these good news, there are still concerns about problem gambling in the country. Mr Chua Tiong Meng, director of the Ministry of Social and Family Development (MSF), said that individuals who bet excessively through Singapore Pools or sports betting should be monitored closely.
He added that those who are concerned about their own gambling habits should be able to get help from the National Council on Problem Gambling, which offers a free-phone service or Webchat. He also urged family members to look out for their loved ones and encourage them to exercise their own personal responsibility and not bet beyond their means.