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Online Betting Firms Begin Leaving Singapore

16 October 2014 by Dustin Jermalowicz

This story was published more than 9 years ago.

Several large online betting firms have announced that they have begun leaving the Singapore betting market after it was announced that the country will adopt harsh penalties for betting firms operating in-country.

The pullouts include several large betting firms such as IBC Bet, Bet365, 888, and SBO Bet. These firms are pulling out to avoid possible jail time for those helping offer online betting in the country as well as a fine ranging from S$20,000 to S$500,000.

Other betting firms such as PokerStars and William Hill are reportedly planning to stop offering betting services once the laws are implemented.

Casino Listings will update this story as more developments arise.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.