Establishment of New Gambling Regulator in Singapore Faces Delays

By | October 15, 2021
Reading Time: < 1 minute

 

The establishment of a new gambling regulator in Singapore has been delayed.

In July, the Ministry of Home Affairs (MHA) had said it wanted to launch a new gambling regulator, the Gambling Regulatory Authority (GRA), this year but Tan Tee How, Casino Regulatory Authority chairman says the schedule has been delayed.

He said the Covid-19 pandemic had made it difficult for the CRA officers to focus on creating the new regulator; a process that requires “intensive face-to-face discussions”. It is unknown if the new gambling regulator will finally be launched this year.

The proposed changes by the Ministry of Home Affairs included fines of up to $500,000 and seven years imprisonment for an operator of illegal gambling services.

Another amendment would allow physical social gambling among family and friends while online social gambling among families and friends would remain banned “due to the complexities of differentiation.”

The MHA also wants to introduce a prize cap of SGD100 (US$74) for mystery boxes, arcade games and claw machines arguing that this will be sufficient to address the inducement effect of high-value prizes, without increasing the regulatory burden on operators.

Singapore’s gambling regulation is currently supervised by various government agencies. Casino Regulatory Authority regulates the casinos, while MHA’s gaming regulatory agency regulates remote gambling services and fruit machines.

Powered by WPeMatico

Leave a Reply

Your email address will not be published.