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28-09-2016, 02:44 PM | #21 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Workers' Party calls on Government to 'reject' online betting applications
Posted 28 Sep 2016 08:41 Updated 28 Sep 2016 08:50 SINGAPORE: The opposition Workers’ Party (WP) has called on the Government to “reject” applications for online betting services, in a statement released on its website on Tuesday (Sep 27). The party expressed concerns over the applications submitted by Singapore Pools and Singapore Turf Club (STC) last year. In its statement, the WP said it goes against the Government’s plans to tackle remote gambling. “When the government decided to clamp down on remote gambling in 2014, it cited concerns about addictive behaviour and easy access to these games. Should the Government approve their applications, Singapore Pools and STC will have 24/7 virtual betting outlets available in almost every home and mobile device,” said the Party’s Assistant Secretary-General Pritam Singh. “During the second reading of the Remote Gambling Bill in 2014, the Government rejected the Workers’ Party call to send the Remote Gambling Bill – specifically the clauses that dealt with exemptions – to a Select Committee of Parliament for further scrutiny and oversight,” the statement added. WP said it “opposed the granting of exemptions to any organization to operate remote and online betting services”. The Government is currently evaluating the applications by Singapore Pools and STC to be exempted from the Remote Gambling Act which was passed in 2014. The Act prohibits remote gambling via websites, phones or smart devices. - CNA/mn ------------- Will gov practice double standards, and allow Singapore Pools and Singapore Turf Club to operate online gambling websites? |
28-09-2016, 02:46 PM | #22 | |
Dragon
Join Date: Apr 2006
Posts: 707
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Quote:
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28-09-2016, 02:47 PM | #23 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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28-09-2016, 03:10 PM | #24 |
Dragon
Join Date: Apr 2006
Posts: 707
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28-09-2016, 03:32 PM | #25 |
Arofanatic
Join Date: Jun 2006
Posts: 384
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Their SOP.
If can monopolized the market, they will sapu all. If Money making industry, they either set a company or in partnership with a sister company to invest, to take a bigger piece of the pie. Not money making they open to the market to tender for item. In time to come still cillect money too. A TRIPLE WIN SOP for gahment |
28-09-2016, 05:16 PM | #26 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Last time....
Sg Pools & Turf Club only have - horse betting at turf club - 4D, TOTO, Big Sweep at outlet. mainly these. Bookie have - all of above, plus more creativity - soccer - whatever Than... Sg Pools & Turf Club also joins in the many other betting games and even much more soccer games, some being unheard of by many... becomes legal. Yes, tax and if they are into it, it's LEGAL. So this online betting may really become legal. |
29-09-2016, 02:25 PM | #27 |
Senior Dragon
Join Date: Mar 2002
Posts: 3,495
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More locals will lose till lose their pants.
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29-09-2016, 08:13 PM | #28 |
Arofanatic
Join Date: Jun 2003
Posts: 113
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29-09-2016, 08:14 PM | #29 |
Arofanatic
Join Date: Jun 2006
Posts: 384
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And more social problems.
Anyway, can make money they will do as it is. No point to protest. They Make use of the opportunity given Just like they set up a nursing home easily with the resources easily available seeing that there is a big pot of gold due to a growing Silver generation. |
29-09-2016, 08:23 PM | #30 |
Dragon
Join Date: Nov 2007
Posts: 1,446
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Government exempts Singapore Pools, Turf Club from online gambling ban
By Monica Kotwani and Lianne Chia Posted 29 Sep 2016 18:00 A Singapore Pools outlet. (File photo: Nisha Karyn) ENLARGECAPTION 309 Email More A A SINGAPORE: Online betting will become legal in Singapore under strict conditions, after the Government approved the applications of two operators, Singapore Pools and Singapore Turf Club. In a statement on Thursday (Sep 28), the Ministry of Home Affairs (MHA) said the two have been “found suitable” to be exempted from the Remote Gambling Act (RGA), which came into force in February 2015. The two operators plan to launch online services by November. ADVERTISING Turf Club and Singapore Pools will offer online gambling for existing games and lotteries. Singapore Pools will have lotteries for 4D and Toto, and online betting for football and Formula 1. Turf Club will offer horse-race betting online. Neither is allowed to offer new products without approval and casino games such as poker will not be available. The ministry said Singapore Turf Club applied for exemption certificates in May last year, while Singapore Pools did so in July 2015. It said their exemption certificates, valid for three years, were approved after they met a list of criteria that included operating on a not-for-profit basis, having their surpluses channelled to social and charitable causes, and keeping services free from “criminal influence”. The operators will also have to implement social safeguards, such as ensuring only those aged 21 and above are able to open player accounts and that punters are not gambling on credit. They will also be required to set daily funding and gambling limits. The ministry said operators will be subject to regular audits and inspections. If either of the operators fail to comply with the conditions, they could be slapped with a penalty of up to S$1 million for each offence, as well as a potential revocation or suspension of its certificate. Besides the financial penalties, MHA can also vary the exemption conditions, suspend and ultimately revoke the operators’ exemption status if they are unable to meet the conditions set. “These would be strong incentives for the management of the exempt operators to ensure that they comply with the conditions,” it said, adding that the operators’ not-for-profit status “reduces the incentive for them to pursue commercial benefits at the expense of their social responsibilities”. MITIGATING LAW AND ORDER CONCERNS The Act prohibits all gambling activities online and over the phone, and since February, the ministry said “several hundred” online sites have been blocked. It said it has also blocked bank accounts and credit card transactions linked to remote gambling payments. The ministry’s statement comes two days after the Workers’ Party called on the Government to reject applications for online betting services. The WP’s Assistant Secretary-General, Pritam Singh said: “When the Government decided to clamp down on remote gambling in 2014, it cited concerns about addictive behaviour and easy access to these games. Should the Government approve their applications, Singapore Pools and STC will have 24/7 virtual betting outlets available in almost every home and mobile device”. An online petition against the legalisation of online gambling in Singapore is also making the rounds on social media. As of Thursday, it had more than 12,000 signatures. But the ministry said even with robust enforcement and application of blocking measures, it is not possible to completely eradicate unauthorised remote gambling in Singapore. For example, there continues to be Web traffic from Singapore to unauthorised remote gambling sites, MHA said. It added that illegal gambling operations also still exist, as more than 120 people have been arrested for remote gambling offences since February 2015. While illegal football-betting activities are more commonly known, MHA said they are not the only products offered by the underground operators, illegal public lotteries being an example. Some of these operations may also be linked to transnational syndicates, it added. “A complete ban on remote gambling drives demand and activities underground, and may create larger incentives for criminal syndicates to target Singapore,” said MHA. “The greater the extent of underground illegal activities, the greater the risk to law and order, and the greater the danger to individuals who might be involved in underground remote gambling.” The ministry added that the tightly-controlled exempt operator regime is intended to complement strong enforcement actions and blocking measures under the Act. “Other jurisdictions like Hong Kong and Norway also adopt a similar approach – allowing regulated operators to complement a general prohibition on remote gambling.” "THOROUGH ASSESSMENT" CONDUCTED: MHA MHA said it has not received any applications to be exempt apart from the two operators. “The criteria and conditions for exemption certificates are very stringent. We do not expect many operators to qualify.” Asked why the applications took more than a year to process, MHA said exemption certificates will not be granted unless it is “fully satisfied” that an applicant can meet stringent criteria set out in the Act, and this requires a “thorough assessment”. MHA also explained that checks were required to determine the applicants are not-for-profit, that the applicants’ directors and key officers had not been convicted of offences in Singapore, and the applicants had a consistent record of compliance with legal and regulatory requirements, amongst other things. “In addition, time was taken to assess that the applicants can meet the conditions that MHA will impose on them,” MHA added. “This required a review and audit of relevant processes and systems. "Furthermore, as this is a new regime, the applicants needed time to develop the necessary systems, policies and procedures to offer services that would comply with MHA’s requirements.” MHA said the operators will be issued their exemption certificates once they launch their online gambling services over the next two months. The Singapore Turf Club plans to launch its online wagering platform, iTote, on Nov 15, which will allow account holders to place wagers on horse racing online. Singapore Pools will launch an enhanced Singapore Pools Account service on Oct 25 that will allow customers to place bets online. - CNA/mo/lc ----------------------------- help the poor maybe? |
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