Singapore has introduced stricter regulations for foreign online gambling operators seeking to enter its tightly controlled market. The new rules require operators to establish a physical presence in Singapore and adhere to local data protection laws.
Additionally, operators must implement robust player protection measures, including deposit limits and mandatory self-exclusion options. The government has emphasized that these measures are aimed at ensuring a safe and fair gambling environment.
Industry insiders believe that the new rules could deter smaller operators from entering the market, but larger companies are likely to comply due to Singapore’s lucrative potential. The city-state remains a model for responsible gambling regulation in Asia.