The Singapore Lottery is one of the most popular gambling games in Singapore. It offers a pot prize and rolling jackpots. In order to play, you need an internet connection and a FIN number. You can verify your numbers online, or you can use the official mobile app.
There are several different games offered by the Singapore Pools, the only legal gambling provider in Singapore. They include 4D, Toto, and Sweep.
During the 2018-19 financial year, $8.1 billion was wagered on bets. This represents a 40% increase from the previous year. However, it is still below the previous decade’s bet record.
The Tote Board, which governs horse racing, sports betting, and Singapore Sweep, said the volume of bets on lotteries increased after the COVID-19 restrictions were removed.
A spokesman for the Tote Board said the lottery has become an accepted form of recreation in Singapore. He added that the amount of money bet on lotteries is also increasing.
Sports betting, which includes football and motor racing bets, contributed to the rise in bets. That said, a survey by the National Council on Problem Gambling found that 44% of Singaporeans were involved in some form of gambling in 2019.
In addition to releasing results, the Singapore Lottery also hosts a World Lottery Summit (WLS) every four years. One of the aims of the WLS is to focus on all forms of gambling.
In the last financial year, Singapore Pools recorded an increase of 40% in bets. As a result, the total for the year was SGD9.2 billion, up from the previous year’s SGD7.5 billion.