Lotter Singapore

Lotter Singapore is an online betting site that allows you to play lottery games. It offers a variety of games that include 4-Digits, Toto, Magnum 4D and Pan Malaysia Pools. It also accepts sports bets on football and motor racing.

Lottery Singapore was founded in 1968 and is the only legal lottery operator in Singapore. It is regulated by the Gambling Regulatory Authority of Singapore.

Its mission is to provide safe and reliable gambling services while generating tax and duties. These taxes and duties are then channeled to the Tote Board for funding a range of social causes including sports, community development, education, health, and arts.

The Tote Board is a statutory body that oversees lottery operator Singapore Pools and the Singapore Turf Club, which operates horse races. It also regulates sports betting and casino entry levies.

In 2021/2022, SG$9.2 billion was wagered on lotteries and sports in Singapore, up 40% from the previous year. This is the highest figure in the past decade, according to the Tote Board’s last financial year report.

The easing of Covid-19 restrictions on gambling has seen Singapore’s gamblers spend more money, leading to strong results for lottery and sports betting products. As a result, the Tote Board saw total wagers climb to SGD9.2 billion in 2021/2022, a record amount for the statutory body. The increase is largely due to the resumption of sports tournaments around the world. It is expected that the upcoming World Cup will spur more spending by locals.