More spent on lottery, sports bets as Covid-19 curbs eased
The Straits Times|January 11, 2023
Govt will see if there is a need for further measures to address problem gambling
Jessie Lim
More spent on lottery, sports bets as Covid-19 curbs eased

The increase in the amount spent on Singapore Pools lotteries and sports in the last financial year from the previous financial year was due to factors such as relaxed Covid-19 measures and the resumption of sports tournaments globally.

A total of $9.2 billion was spent on bets on lotteries and sports in the Tote Board's last financial year, which ended in March 2022 - a spike of about 40 per cent from the year before.

This is the largest sum spent on such bets in the past decade, The Straits Times reported in December 2022. Some $6.6 billion was wagered in the previous financial year that ended in March 2021.

The Tote Board, a statutory body, governs lottery operator Singapore Pools and the Singapore Turf Club, which operates horse races. Lotteries comprise 4-D, Toto and Singapore Sweep, while sports betting refers to football and motor racing bets.

Bu hikaye The Straits Times dergisinin January 11, 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye The Straits Times dergisinin January 11, 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

THE STRAITS TIMES DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Religion trumps caste in Modi's pan-Hindu unity appeal
The Straits Times

Religion trumps caste in Modi's pan-Hindu unity appeal

Voters born at the bottom of the Hindu faith's rigid caste system will determine whether Indian Prime Minister Narendra Modi returns to power in June.

time-read
3 dak  |
May 18, 2024
S'pore retailers feel the pinch as more people are spending overseas on cheaper buys
The Straits Times

S'pore retailers feel the pinch as more people are spending overseas on cheaper buys

A stronger Singdollar, pricier goods and services, and the resumption of travel plans post-pandemic have contributed to a growing number of locals preferring to spend more overseas.

time-read
3 dak  |
May 18, 2024
The little town that could: How eco-activists said 'no' to smelting plant in San Juan
The Straits Times

The little town that could: How eco-activists said 'no' to smelting plant in San Juan

New book recounts how ordinary folk banded together to protect their town in 1977.

time-read
6 dak  |
May 18, 2024
Those who scoffed at deepening Sino-Russian ties will pay the price
The Straits Times

Those who scoffed at deepening Sino-Russian ties will pay the price

The 'no limits' partnership has been beneficial to Xi Jinping and Vladimir Putin.

time-read
5 dak  |
May 18, 2024
Decline in Singapore exports slows with 9.3% drop in April
The Straits Times

Decline in Singapore exports slows with 9.3% drop in April

Analysts say electronics rebound lends hope shipments will improve in latter half of 2024

time-read
3 dak  |
May 18, 2024
Reddit forges pact with OpenAI to bring content to ChatGPT
The Straits Times

Reddit forges pact with OpenAI to bring content to ChatGPT

Reddit has forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media firm add new artificial intelligence (AI) features to its forums.

time-read
2 dak  |
May 18, 2024
Investors like Temasek might get money back from FTX
The Straits Times

Investors like Temasek might get money back from FTX

After assets are sold, customers and other creditors to be paid first before investors

time-read
2 dak  |
May 18, 2024
Malaysia's GDP growth surprises as recovery accelerates
The Straits Times

Malaysia's GDP growth surprises as recovery accelerates

Malaysia's economy expanded faster than initially estimated in the first quarter, driven by private spending and a rebound in exports.

time-read
2 dak  |
May 18, 2024
The Straits Times

Sluggish retail sales as Beijing reports uneven recovery

BEIJING China's retail sales grew at the slowest pace since 2022 while industrial production accelerated, highlighting the unbalanced recovery of the world's second-largest economy.

time-read
2 dak  |
May 18, 2024
Man in police chase charged with dangerous driving, possession of weapon
The Straits Times

Man in police chase charged with dangerous driving, possession of weapon

A 22-year-old man who was arrested earlier this week after allegedly attempting to flee from the police and having a samurai sword in his car, was charged in a district court on May 17.

time-read
1 min  |
May 18, 2024