Singapore’s New Gaming Regulator has taken over

Singapore's New Gaming Regulator has taken over

One week after Singapore finalized the new gambling regime, the country’s unified Gambling Regulatory Authority (GRA) has taken over.

The initiation highlights Singapore’s approach to gambling reform as online options become more common. The GRA will not only be the authority for land-based gambling but also responsible for the digital segment.

To that end, more changes are coming to the country’s gambling legislation. Lawmakers will work with the GRA to create the new framework and the details will be released later.

With online gambling is not the option, there wasn’t much of a need to introduce gambling laws to cover the digital space. However, Singapore recognizes that changes are coming and you can’t ignore that online casino is growing.

Attending the inauguration of the GRA on Tuesday was Singapore’s Second Minister for Home Affairs, Josephine Teo. As reported by The Straits Times, she made it abundantly clear that the country understands the potential online activities will play in gambling.

On the inauguration of the GRA, Singapore’s Second Minister of Home Affairs, Josephine Teo made it abundantly clear that the country understands the potential online activities will play in gambling.

However, Singapore plans on addressing all of the potential issues that exist now and that may arise in the future. It is going to put its Casino Control Act through a major overhaul, and once it has finished, will publish its proposals. Teo did not indicate when that might occur.

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