Despite some restrictions and prohibitions, the gambling business in Singapore continues to develop and attract local and foreign investors very actively. Ground-based and online gambling establishments can bring significant profits to operators.
The Smart Money team decided to learn the features of Singaporean gambling laws and the specifics of the local gaming market to help you find the right way to launch your business.
Singaporeans are big fans of different games of chance. Since ancient times, gambling has been an integral part of Singaporean culture. Despite this, the authorities forbade local players to visit gambling establishments for many years. As a result, a huge number of underground gaming halls appeared on the territory of the country.
People organized sweepstakes and poker tournaments in their homes. Law enforcement agencies fought against the spread of the underground gambling business in Singapore very actively. Law-breakers were punished with significant fines and real prison sentences.
After lengthy negotiations with members of public organizations and representatives of the tourism business, the country's leaders decided to legalize gambling partially. Since 2006, the construction of two large casinos had begun. Resorts World Sentosa and Marina Bay Sands are included in the list of the best casinos in the world today.
In spite of the legalization of the land-based business gave a powerful impetus to the development of the gambling industry, it did not change the situation in the Singapore market radically. The fact is that only a small percentage of the local population could afford to visit the above casinos. These prestigious establishments were affordable only to high-income citizens.
Thousands of middle-income Singaporeans have begun to look for a decent alternative to ground-based establishments. Online gambling has become an excellent solution for many gamers. That is why the decision to buy a turnkey online casino in Singapore can be the beginning of a successful business for many novice entrepreneurs.
The entrance to the local market for software vendors is assured only in case of full compliance with established requirements. While the majority of content creators match these terms, several brands currently cannot guarantee themselves legal service provision in the region.
Which restricted brands of casino content do not have permission to operate in Singapore:
Green Jade Games;
Microgaming — Real Dealer;
Play'n GO ASIA;
BTG (Big Time Gaming);
ELYSIUM Studios (former Maverick Slots);
Swintt (Top Trend gaming);
Reevo (former Lucky);
Lightning Box (Games Global, former Microgaming).
Regardless of how wide the list can be, the area still has numerous officialised suppliers of content for operators’ steady assortment replenishment and provision of quality services. Smart Money stays vigilant when it comes to regulative measures, timely notifying our clients about the slightest changes relevant to their projects.
Order legal software components at our company and resort to other services our experts introduce, including security assurance, payment gateway integration, casino marketing, and many more.
It is noteworthy that residents of Singapore are prohibited from opening and licensing virtual gaming projects according to Singaporean gambling laws. At the same time, local players can use the services of foreign gaming companies without hindrance.
This means that operators who decided to buy an online casino in Singapore can register their projects in offshore zones and conduct their business absolutely legally.
The Singaporean online gambling market is characterized by the following features:
The young age of the players. The average age of Singaporean gamblers is from 22 to 45 years. This fact is extremely beneficial for operators. Such a young audience follows the development of modern technologies and has a high income. These features will become a good motivation for businessmen to create the most attractive gaming solutions.
The popularity of live content. Live games have won the attention of many players due to the unique opportunity to play in popular casino games with a real dealer and to experience the unique atmosphere of a luxury gaming establishment without leaving their own homes.
The use of modern technologies. Singaporean gamblers are quite demanding when it comes to gambling content. They prefer games created using the latest technologies (e.g., HTML5). Therefore, when choosing casino software in Singapore, pay particular attention to image quality and musical accompaniment. It is also worth noting that the themes of the games also play an essential role here. Choose content with interesting, exciting plots and built-in bonus options.
Electronic currency support. Up-to-date payment methods are becoming increasingly popular in different countries of the world. Singapore does not lag behind other states. Operators are introducing cryptocurrencies into their projects. The use of Bitcoin will allow you to make the game process as secure and confidential as possible.
The purchase of casino software in Singapore is an important stage in the development of a new project. The reputation of your website depends on the quality of gaming products. In order not to risk your money, you should turn your attention to the reliable manufacturers of gambling software in Singapore.
The products of this brand will undoubtedly appeal to Singapore gamblers. The company is engaged in the development of interesting thematic slots, as well as original variations of traditional card games. If you want to open a casino in Singapore, you should buy several gambling solutions from this supplier
Software from this world-famous manufacturer should be presented in the assortment of each successful online casino. This vendor has vast experience in the gaming industry (over 20 years). The company offers various products of the highest quality
This manufacturer has appeared on the market quite recently. Despite this, it managed to gain the trust of players and operators from around the world. The main focus of this supplier is on the creation of vivid live content that meets the high requirements of the gambling business in Singapore.
After purchasing the products of this brand, you will get lots of unusual variations of traditional casino games (poker, roulette, baccarat, blackjack), a large number of bonus options, and the possibility to cooperate with highly skilled croupiers
This provider is known in many countries due to the creation of exciting online slots. The developer uses the latest software development technologies
The purchase of a turnkey online casino in Singapore will bring many benefits to operators.
This gaming solution includes many services:
the search for the proper software;
promotion strategy development;
creation of bonus programs.
Intermediary companies offer lots of attractive offers. The decision to buy an online casino in Singapore can help you save a lot of your money and time. It is essential to find a reliable mediator for cooperation and work with companies that have extensive experience in the gaming industry. Smart Money collaborates with the best manufacturers of gambling content. Moreover, regular customers have the opportunity to take advantage of exclusive discounts.
A turnkey online casino in Singapore from Smart Money can become the start of your successful business and bring you a good profit. To launch your project in the shortest possible time and get the desired result, contact the Smart Money managers. The competent employees of our company will tell you about our special offers in more detail.
In addition to buying software, we offer gambling content rental services. This option is incredibly relevant for beginners. You do not have to spend a lot of money to get our best products. Moreover, each client has the opportunity to test the demo versions of various gaming solutions for free.
Operators having existing projects in Singapore often contact to increase the amount of traffic and attract new customers. A unique marketing plan can help you achieve self-sufficiency in the very fast. If you want to open an online betting website in Singapore or buy a virtual casino, do not hesitate to contact us!