According to the statistics, Asia has surpassed Europe and America as the new gambling hub in the world. In particular, aside from Macau, Singapore is considered a profitable gambling destination.
In the past few years, there has been an increase in the number of gamblers in the Southeast Asian country despite the strict gambling laws existing in the country.
Factors why Singapore is perfect for online gambling
Singapore had no centralized online gambling provider until 2005 when online gambling was legalized in the country. Here are the reasons why Singapore is the new gambling hub in Asia.
Accessibility to games
The first benefit that Singaporean punters have is the ease of accessibility to casino games. Singapore is not only a hub for Singapore online casino sites but it is home to game providers as well.
Game providers such as Evolution Gaming, Ezugi, and SA Gaming are only a few in the plethora of gaming providers that supply online casinos with unique and exciting casino games.
As a result, the plates could gain access to the wide array of betting games of all of these game providers. You will revel in the variety of games available such as slots, roulette, poker, baccarat, fishing, and lottery.
Additionally, there are a lot of sports tournaments available for betting. The betting odds are also profitable enough to provide even the most basic player a chance to win huge rewards.
Reputable gambling platforms
In Lion City, online gambling is not fully legal and any form of online activity is heavily monitored by the government of Singapore. However, that doesn’t mean that Singapore doesn’t allow players to gain access to legal websites that are operating legitimate Singapore online casino gambling.
The strict gambling laws in the country have unique benefits because it eliminates the possibility of scammers gaining access to the information of the players. Also, playing at reputable online casinos reduces the risk of getting at odds with the law.
Offshore sites are allowed to offer gambling services in the country, as long as they are licensed by legitimate gambling authorities and their games are tested by game testing laboratories.
Security is one of the reasons why Singapore is the new hub of Asian casino gambling. Due to the strict gambling laws in the country, only credible online casinos with existing licenses are allowed to operate in the country.
The Singapore-based online game platforms are known for their high-level security and legitimate gambling services. Additionally, they are offering safe and fast options for deposits and withdrawals.
Adjustable laws for bettors
Ironically, Singapore is a magnet for seekers of exciting gambling games in Asia despite the restrictions imposed by gambling laws.
The gambling statutes are different between residents and foreign visitors. For foreign visitors, there are two options for land-based gambling—Resorts World Sentosa and Marina Bay Sands. Foreign players can enter the casinos easily, they only have to present an identification and they have to complete the requirements.
Meanwhile, local bettors couldn’t enjoy the privileges that foreign bettors are experiencing. They have to pay a huge amount before they can enter the casino. This is why local punters resort to alternative forms of gambling that are legal in the country like lottery and horserace betting.
The online gambling industry in Singapore is thriving because of the multiple resources of gambling services such as land-based casinos and Singapore online casino platforms. Despite the strict betting laws being imposed, players could enjoy the gambling experience that are also being offered in other locations.
Indeed, the gambling ecosystem in Asia is expanding by the minute, this means that more betting opportunities are afoot in the region.