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.
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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.