Singapore Pools

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Singapore Pools
TypeState-owned company
IndustryGambling
FoundedSingapore (May 23, 1968 (1968-05-23))
Area servedSingapore
Key people
RevenueDecrease S$6,247 million (2013)[1]
Net incomeIncrease S$623 million (2013)[1]
OwnersGovernment of Singapore
ParentTote Board
Websitewww.singaporepools.com.sg
 
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Singapore Pools
TypeState-owned company
IndustryGambling
FoundedSingapore (May 23, 1968 (1968-05-23))
Area servedSingapore
Key people
RevenueDecrease S$6,247 million (2013)[1]
Net incomeIncrease S$623 million (2013)[1]
OwnersGovernment of Singapore
ParentTote Board
Websitewww.singaporepools.com.sg

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.

History[edit]

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.[2]

Since 1 May 2004, Singapore Pools is owned by Singapore Totalisator Board, a statutory board under the Ministry of Finance.

Gambling operations[edit]

Lotteries[edit]

Singapore Pools currently operates three lottery games:

Sports betting[edit]

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

References[edit]

External links[edit]