You can now play the latest Singapore lottery results online. All you have to do is visit Bet888’s website and you can easily start earning cash. This is one of the easiest ways to earn profit on the internet.
With the release of COVID-19 restrictions, Singapore punters are spending more on lotteries and sports betting products than ever before. The number of people betting on these games has increased by nearly four percent in the last year.
Among the most popular sports and lotteries in Singapore are 4D, Toto, and Singapore Sweep. While these are legal betting options, anyone who engages in gambling with an unlicensed or illegal operator can be fined. If caught, they can be sent to prison for up to six months.
According to the National Council on Problem Gambling, 44% of Singaporeans gambled in the last year. While this is an improvement from previous years, the amount spent on lotteries is still the highest in the past decade.
Aside from sports betting, Singapore Pools is also the only authorised lottery promoter in the country. Its website encourages responsible betting, but it does not offer free bets.
In addition to lotteries, Singapore Pools offers other games, including football, motor racing, and telephone gambling. Customers must be at least 21 years old to participate in Singapore Pools games.
As a lottery promoter, Singapore Pools must pay gambling duty to IRAS. Depending on the promoter’s compliance records, the composition amount can be as low as $2,500.