Online casino Singapore
Singapore is an independent city-state with more than 5.6 million residents and a land area of approximately 709 square kilometers. This tiny, heavily urbanized country is connected to Malaysia by both the Johor–Singapore Causeway and Malaysia–Singapore Second Link. Singapore boasts more than 60 (natural and artificial) islands, including:
- Pulau Ujong
- Sentosa
- Kusu Island
- Tekong Island
- Jurong Island
There are four main religions in this Southeast Asian country:
- Buddhism
- islam
- Hinduism
- Christianity
The government of Singapore recognizes four official languages, namely:
- English (business language)
- Malay (symbolic national language)
- Mandarin (language that represents the ethnic Chinese in Singapore)
- Tamil (most spoken Indian language)
Singapore is famous for its large collection of stunning parks and tree-lined streets, which explains its nickname ‘Garden City’. The former British Crown colony (from 1946 until 1963) is home to lots of impressive skyscrapers (including the Marina Bay area), stunning shopping malls, Universal Studios Singapore (amusement park), Singapore Flyer (observation wheel) and Singapore’s emblem of pride: Singapore Airlines.
These are some of the most famous people from Singapore:
- Lee Kuan Yew (former prime minister)
- Ang Peng Siong (ex-professional swimmer)
- Fandi Ahmad (former football player)
- Dick Lee (singer, composer, songwriter, playwright)
There are two legal casinos in Singapore: Marina Bay Sands and Resorts World Sentosa, which offer an extensive repertoire of slot machines and table games. The entrance fee for both land-based gambling venues is S$100, while tourists and other temporary foreigners can visit them for free. Singaporean gambling fans can also enjoy lottery games and sports betting.
Gamblers based in Singapore have massively flocked to foreign-based online casinos because there are no national gaming sites, although Singapore Pools provides locals with a wealth of online sports betting. In other words: Online gambling is illegal in Singapore but it’s obviously impossible to prevent people from accessing online casinos hosted in other countries.
Best Singaporean online casinos
It’s easy to see why gambling enthusiasts in Singapore have embraced the thrill of virtual casinos and online sportsbooks. In addition to the lack of domestically-licensed sites, the worldwide web offers players lots of pros in comparison to land-based gambling. On top of all that, Singaporean gambling fans benefit from their language skills as nearly every online casino is available in English, such as this reputable duo:
Popularity online casinos in Singapore explained
Qatar is considered the richest country on earth, followed by Luxembourg and Singapore. The small, prosperous island state is the Asia Pacific private banking capital. Economists expect individual wealth in Singapore to exceed US$1 trillion by 2018. Additionally, with over 150,000 millionaires and more than 30 billionaires, it seems fair to say that Singapore is a wealthy country.
It won’t come as a massive surprise that Singapore is doing quite well in terms of economic expansion. Between 1975 and 2017, growth averaged 6.8 percent. However, economic expansion weakened in the last three years:
- 2014: 3.6 percent
- 2015: 1.9 percent
- 2016: 2 percent
Growth remains soft in 2017 as the Ministry of Trade and Industry forecasts an expansion between 1 and 3 percent. The high-income economy is expected to grow 2.1% a year on average in 2018-21.
After a 4.6 rate in 2012, inflation dropped sharply in the following years:
- 2013: 2.4 percent
- 2014: 1 percent
- 2015: -0.5 percent
- 2016: -0.5 percent
The Monetary Authority of Singapore and Ministry of Trade & Industry expect core inflation to range between 1 and 2 percent in 2017.
Despite an average household wealth of US$277,000, an increasing number of Singaporean families live in poverty. On the one hand the prosperous island-state comprises the highest concentration of millionaires, but on the other hand Singapore has the second highest level of income inequality of all Asian countries.
Additionally, the government of Singapore faces several problems, including:
- The increasing level of protectionism in the US
- The relationship with China
- Bubbling discontent among the population
- Growing concerns over islamic extremism among Malay-muslims
With more than 4.7 million internet users, Singapore’s penetration rate has climbed to nearly 83 percent, while the mobile device penetration is the world’s highest. Furthermore, Singapore’s average fixed internet connection speed of 18.2 mbps is nearly 3 times faster than the international average of 6.3 mbps.
Considering the widespread popularity of gambling in Singapore, it’s easy to understand why the online equivalent is such a beloved pastime in the ‘land of the lions’.
Gambling and online casinos in Singapore
Virtual casinos and online sportsbooks spread like wildfire across the globe, and Singaporeans are certainly no exception. There are lots of factors that contribute to the ever-growing popularity of online gaming and betting. Here’s a brief overview of the main advantages in comparison to gambling and betting at brick and mortar venues:
- Eye-watering bonuses and perks
- Mobile gaming and betting
- Awesome promotions loaded with cool prizes
- Mind-blowing jackpots and payouts
- Online casino games with fun themes and top-notch graphics
- The ability to play from the comfort of your own home
- Irresistible loyalty clubs
- State of the art live online casinos
How to deposit money in an online casino when I’m from Singapore?
Online casinos value their customers’ safety above anything else, which explains their large collection of secure, user-friendly and trustworthy banking methods. The ability to deposit and withdraw via multiple reputable and convenient systems is definitely another big plus.
Almost needless to say that the following categories boast some of the most popular methods in the online casino industry:
- Credit cards, including Maestro, Visa and MasterCard
- Digital wallets, like Skrill, Neteller and PayPal
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