Singapore’s Remote Gambling Act has been hailed as a global benchmark for online gambling regulation. The law strictly limits online gambling to operators licensed by the government and imposes heavy penalties on illegal platforms.
The regulatory framework includes mandatory player verification, deposit limits, and self-exclusion options. Licensed operators are also required to contribute to a social fund aimed at addressing gambling addiction.
Experts believe Singapore’s approach could serve as a model for other countries looking to regulate online gambling. However, critics argue that the strict restrictions may drive some players to unlicensed platforms, highlighting the need for continuous enforcement.
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