Tag Archives: remote gambling bill (singapore)
- Webis to shut Betinternet fixed-odds division, focus on WatchandWager
March 4, 2015
AIM-listed online gambling operator Webis Holdings has announced it will shut its Betinternet fixed-odds sports betting product effective 10am GMT on Thursday (5). On Tuesday, Webis announced it had decided to shutter Betinternet after regulatory changes in certain Asian markets made business untenable. Webis said it had attempted to flog...
- Singapore blocks hundreds of online gambling sites; IBCBet rebrands as MAXBET
February 3, 2015
As promised, Singapore began blocking unauthorized online gambling sites on Monday (2) in keeping with the restrictions of its new Remote Gambling Act (RGA). On Tuesday, a spokesperson from Singapore’s Ministry of Home Affairs told Agence France Press that the city-state’s digital guardians had succeeded in blocking “several hundred” online...
- Singapore Remote Gambling Act to take effect Feb 2
January 29, 2015
Singapore Ministry of Home Affairs announced on Wednesday that websites that provide, facilitate, advertise or promote remote gambling service will be blocked effective Feb 2. The Remote Gambling Act (RGA) was passed in Parliament October 7 last year over concerns that online and mobile gambling facilitates crime such as money...
- Interview with Wai Ming Yap on Singapore’s Remote Gambling Act
January 20, 2015
Angelia Ong talks to Wai-Ming Yap of Stamford Law Corporation. He talks about the recently passed law regarding the prohibition of igaming in Singapore. Singapore’s parliament has passed a law making online and remote gambling a crime. Penalties for individuals, operators and distributors range from fines of US$4,000 to $400,000 and possible prison terms up...
- Online gambling operators rethink Singapore after gambling bill passage
October 15, 2014
Online gambling operators have begun their retreat from the Singapore market following passage of the city-state’s new online gambling laws. Last week saw Singapore legislators pass their Remote Gambling Bill, which will restrict Singapore’s market to local non-profit operators. The bill won’t take effect until an as yet unspecified date...
- How long before PokerStars bids Singapore buh-bye?
October 12, 2014
Online gamblers in Singapore have no plans to abide by the city-state’s new online gambling restrictions in the belief that where there’s a will, there’s a wager. Singapore’s new Remote Gambling Bill will restrict online gambling to local non-profit operators and severely punish everyone else, including any players caught patronizing...
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September 14, 2017
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September 22, 2017