Tuesday, August 16, 2022

Singapore Pools to take over horse betting

The Tote Board is reorganizing its operations with Singapore Pools taking over all management of horse betting from sister company the Singapore Turf Club from Jan. 7 next year.

This change will include Singapore Pools taking over the betting outlets at the Singapore Racecourse in Kranji and all Off-Course Betting centres. Singapore Pools will also take over iTote, the remote horse betting application service.

The Tote Board said that the consolidation of betting operations is part of a regular review of business operations to achieve synergies and improve cost efficiencies.

Existing customers of Singapore Turf Club and Singapore Pools will not be affected.  There will be no changes with regards to customers’ access to horse race betting channels via retail and remote platforms.

“The highest level of rigor and accountability in social safeguards and responsible gaming measures will be maintained with the consolidation of betting activities,” said Seah Chin Siong, CEO of Singapore Pools.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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