Singapore’s gambling industry may not be as glamorous as Las Vegas, but it still deserves recognition. The glitz and wealth of gambling in the Lion City are evident through its several thriving casino resorts. For those looking to explore the best casinos, check out Singapore Casino Reviews.
Its casino industry makes up 4% of the Asia-Pacific market, which is 1.5% of the global market size. Overall, this makes Singapore the third-largest casino market in the world.
As you will see in this article, Singapore's gambling business is worth studying.
Key Highlights of the Article:
- The number of online gamblers in Singapore is decreasing: from 1% of Singapore's population to 0.3%.
- A survey showed that 34% of Singaporeans play 4D.
- The most frequently drawn combination in Singapore's 4D history is "5807", which has been drawn 27 times.
- About 16% of Singaporeans gambled on social media in 2020.
- This year, the horse racing betting market in Singapore generated $818 million.
- The overall likely rate of pathological and problem gambling addiction in Singapore is 1.2%.
The growth rate of Singapore's casino market has decreased by a negative 19%.
Online Gambling Statistics in Singapore
During the pandemic, there was a gradual decline in physical casino gambling in Singapore. The government imposed nationwide restrictions. To continue gambling, some Singaporeans shifted to online betting.
However, online gambling still does not play a major role in Singapore. Below are statistics that tell you everything about Singapore’s online gambling industry:
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Only 0.3% of Singaporeans Gamble Online
(National Council on Problem Gambling)
1% of Singaporeans used to gamble online, meaning the number of online players in the country is decreasing.Some players shifted to online betting during the pandemic, but most players who gambled online stopped doing so. After that, the industry did not experience growth.
Strict regulations in Singapore’s gambling industry hold the sector back. Additionally, online betting options are limited. The monopoly, Singapore Pools, manages online lotteries and shares sports betting with The Singapore Turf Club.
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12% of Participants in Singapore Gamble Exclusively Online
(PubMed)
Only 12 out of 100 survey participants admitted to gambling exclusively online. The remaining participants (82%) engaged in both online and offline gambling.This indicates that the offline gambling market in Singapore is more prosperous than the online market.
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The Median Largest Debt from Online Gambling Was $20,000
(PubMed)
A study focusing on patients seeking treatment in Singapore revealed the median largest debt from online gambling was $20,000. The median debt from offline gambling was $500.Gambling debt refers to money owed due to gambling activities. A debtor may owe the following:
- A person
- A specific gambling provider
- Lenders financing gambling
Although the number of online gamblers is small, participation in online gambling is consistent. Players regularly place bets online, often for higher stakes, leading to larger online gambling debts.
Offline Gambling Statistics in Singapore
Singapore has a strict offline gambling industry. Land-based gambling is prohibited under the Gambling Control Act (GCA) unless the establishment has a license. Currently, the Singapore government licenses two land-based casinos.
The only gambling operator offering non-casino-related gambling services is Singapore Pools. Any betting placed outside these licensed establishments and services is illegal in Singapore.
Learn more about Singapore's offline gambling industry with the following statistics and facts.
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The Combination "5807" in 4D Games Was Drawn 27 Times
(Singapore Pools)
The combination "5807" is the most frequently drawn number since the first 4D draw. Here are the top five combinations in 4D history in Singapore:Rank 4D Combination Number of Draws 1 5807 27 2 6741 26 3 9395 26 4 4785 25 5 9509 25 This may or may not indicate that betting on these numbers increases your chances of winning.
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31% of Gamblers in Singapore Play Toto
(National Council on Problem Gambling, Singapore Pools)
TOTO is the second most popular form of gambling in Singapore. It is the first lottery game ever offered by Singapore Pools. Players must select a combination of 6 numbers on a ticket.It is popular because players can win if 3 to 6 numbers match the winning draw. The odds of winning in TOTO are 1 in 54, but the jackpot (matching all 6 digits) has odds of 1 in 14 million.
