Singapore Pools
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| State-owned company | |
| Industry | Gambling |
| Founded | Singapore (May 23, 1968) |
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Area served
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Singapore |
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Key people
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| Revenue |  S$6,247 million (2013)[1] |
 S$623 million (2013)[1] |
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| Owner | Government of Singapore |
| Parent | Tote Board |
| Website | www |
Singapore Pools (Private) Limited is a state-owned lottery subsidiary company in Singapore. As a wholly owned subsidiary of the Tote Board, it is the only operator that is legally allowed to run lotteries in Singapore.
Contents
History
Singapore Pools was incorporated on 23 May 1968 to curb illegal gambling in Singapore. It provided Singaporeans with a legal avenue to bet on lotteries, countering the rampant illegal betting syndicates that were present.[2]
Since 1 May 2004, Singapore Pools is owned by Singapore Totalisator Board, a statutory board under the Ministry of Finance.
Gambling operations
Lotteries
Singapore Pools currently operates three lottery games:
- TOTO - make big dough every Monday and Thursday
- 4D - a 'pick four' lottery drawn on every Wednesday, Saturday and Sunday
- Singapore Sweep - sweepstakes/raffle-style lottery drawn on the first Wednesday of every month
Sports betting
In addition, Singapore Pools is the sole legal bookmaker and totalisator for association football and motor racing betting.
References
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- ↑ Singapore Pools, Corporate Profile
