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Tuesday, September 9, 2014

Law proposed to ban remote gambling, Turf Club moves in

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Law proposed to ban remote gambling
Proposed laws to regulate gambling on the Internet or via the phone were introduced in Parliament yesterday, with a distinct focus on protecting the young from its harmful effects and penalties for various infringements being spelt out for the first time.

Under the Bill, remote gambling will be banned unless it takes place through operators that were issued a certificate of exemption by the authorities.

Individuals who gamble online or via the phone face a fine of up to S$5,000 and six months’ jail, similar to current penalties for illegal gamblers under the Betting Act and the Common Gaming Houses Act.

Those who facilitate remote gambling can be fined between S$20,000 and S$200,000, and jailed for up to five years. Parties outside Singapore that provide remote gambling services to people here are not spared: They face fines of S$20,000 to S$500,000 and up to seven years in jail.

Turf Club to apply to be authorised operator
With exceptions allowed under proposed laws to curb remote gambling, the Singapore Turf Club said yesterday that it would apply to be an authorised operator of such gambling services. Singapore Pools said it was premature to comment on its plans, with its spokesperson saying it would first study the legislation.

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