After suspending draws due to the novel coronavirus (Covid-19), Singapore Pools is now expected to recommence lotteries and retail operations in the country this week. Though Singapore Pools encouraged customers to continue to use online products instead, retail operations will reopen today.
Last week, the online betting returned after the suspension. Singapore Pools stated that the customers’ safety and well-being remain their top priority amidst the Covid-19 situation. All customers, especially high-risk groups, are encouraged by Singapore Pools to make use of their online account betting channel as their main mode of transaction. It is on 24 June when the 4D lottery will resume, while the TOTO lottery resumes on 25 June, but Singapore Sweep will not resume until 5 August. The draws will be conducted behind the curtain.
Tickets for draws that were originally planned for an earlier date will remain valid, since the previous draws had been postponed on 6 April. News of the suspension comes after the country’s Ministry of Home Affairs announced plans to create a new single regulatory authority for the industry after reviewing its gambling regulations. Oversight for gambling will be consolidated under the Gambling Regulatory Authority from 2021 since it has been divided between several different government departments.
Moreover, plans were underway to update gambling regulations to reflect changes in technology and consumer habits. Casinos in Singapore had originally been planned to open on 9 June. However, H2 Gambling Capital decreased its 2020 global gaming revenue forecast again by $5bn in the biggest free fall in FY expectations for five weeks after indefinite postponement.