History of Gambling in Singapore

Gambling in Singapore began when the state was colonized by Britain. In 1923, the British government legalized casinos in Singapore. However, it was restricted in just a few years because of misconduct and severe gambling addictions. Then, only lotteries and horse racing were allowed.

In 2006, the Casino Control Act was issued, legalizing gambling again. In 2010, two integrated casino resorts were established in Singapore. The Casino Regulatory Authority is responsible for checking casinos in Singapore for fairness. Besides, the Singapore National Council on Problem Gambling educates the gambling community to ensure responsible gaming in the country.

Currently, two land-based casinos operate in Singapore and welcome tourists without charging an entrance fee. However, Singaporeans are obliged to pay a one-time annual fee of $2,000 or $100 per entry. Only persons above 21 years are allowed to engage in gambling activities.

Online casinos in Singapore are still not regulated. Therefore, local citizens enjoy playing at offshore online casinos.

The Legality of Gambling in Singapore

There are several laws regulating casinos in Singapore. While residents are allowed at the two brick-and-mortar casinos in Singapore, they are discouraged from doing so. They have to pay fees for participating in such gambling activities.

There are no local casino sites in Singapore, so gamblers take advantage of international online casinos that open their doors to Singaporeans.

Popular Bonuses in Online Casinos in Singapore

Since gamblers from Singapore play at international online casinos, they can benefit from the common bonus offers available at most gambling sites. When playing at such websites, one can expect generous sign-up bonuses, deposit match bonuses, no-deposit rewards, reload offers, loyalty programs, VIP bonuses, seasonal promotions, and game-specific bonuses. The available promotions are always listed on a particular casino’s Promotions page. It is necessary to read the terms and conditions of a specific bonus.

Banking Methods for Singaporeans at Online Casinos

Banking is where things get a little tricky since topping up a casino balance or withdrawing your winnings from an online casino if you are in Singapore can be challenging. Throughout Asia, players typically use bank transfers to make transactions to and from casino accounts. However, in Singapore, processing payments from gambling sites has been illegal since 2015.

For this reason, players in Singapore have to reach for other methods. For example, e-wallets are an acceptable option. Another way to top up the casino account in Singapore is by using Paysafecard. However, the best option for Singaporeans is probably using cryptocurrencies that provide complete anonymity.