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Singapore May Block Online Gambling

Politicians in Singapore are considering adopting a law which would make it illegal for betting sites to offer gambling services to residents, as well as also clamp down on gambling marketing and financial transactions.

The Straits Times newspaper is reporting that new laws could be implemented to crack down on internet betting in order to stop organized crime and other illegal activity.

The government's Deputy Minister of Home Affairs S. Iswaran said that internet betting has the ability to "....become a source or conduit of funds for other illegal activities and syndicated crime."

Currently Singapore only offers lotteries and sportsbetting through the Totalisator Board, while casinos are operated by two firms who hold gaming licenses.

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