State-owned lottery company Singapore Pools has started offering its online betting services in Singapore.
Singapore pools is the first operator to offer online betting services since Singapore’s Ministry of Home Affairs (MHA) declared that the firm and Singapore Turf Club race betting monopoly had been “found suitable” for exemption from the Remote Gambling Act (RGA) that was enacted in February 2015.
Yahoo Finance reported that the betting services started to offer online betting services to the city state at 3 p.m., on Tuesday. The company’s patrons can now place their bets for popular lotto services such as 4D and Toto, as well as sports such as football and Formula 1.
Singapore Pool, however, is still banned from offering casino-style games online such as poker and blackjack. The government also prohibits Singapore Pool from allowing persons under 21 to place their bets and it require all bettors to undergo identity verification at a physical outlet.