Singapore appoints new regulator to broaden gambling scope
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Singapore has officially inaugurated its new Gambling Regulatory Authority. The new regulator will take over from the old Casino Regulatory Agency. It will have control over lotteries, casinos, sport betting and loot boxes in online video games.
Singapore has inaugurated its new Gambling Regulatory Authority. The new regulator will have control over lotteries, casinos, sport betting and loot boxes in online video games. It will focus on streamlining the licence approval process and expanding the regulatory regime. The requirement for loot/mystery boxes to be limited to SG$100 (US$73) is likely to come into effect early next year. Sports betting monitoring firm US Integrity has entered into an agreement with 7 Cedars Casino, in a deal that covers betting at the casino's new sportsbook.
