The opposition to online gambling in Singapore is high - nearly six out of 10 residents think that gambling should not be legal in their country. The opposition is more widespread among older generations, although Gen Z and Millennials are less likely to oppose online gambling than are Baby Boomers and Gen Xers. In fact, almost half of Gen Xers and Baby Boomers say they do not think online gambling is a good idea at all.
According to YouGov, the age-groups that think singapore online sportsbook is a bad idea are Millennials, Baby Boomers and Gen Z. They are also more likely to think that gambling laws in Singapore are too strict. However, Baby Boomers are more likely to disagree and say they are unsure. The results of the study are based on a survey conducted by YouGov Custom Research in 18 global markets and was fielded between 20th May and 3rd June 2022.
The government of Singapore has strict rules and regulations on online gambling. The minimum gambling age is 21 years old and credit-card gambling is not allowed. Online betting operators must also set up limits on the amount of money they can accept from Singaporeans each day. Failing to comply with these regulations can result in fines of up to S$1 million and the revocation of their exemption status. Gambling sites in Singapore do not offer casino games, which are considered to be illegal.
While online gambling is still illegal in Singapore, it is possible that laws could change soon. This island state has a population of 5.5 million, and ninety percent of these people own mobile phones. The most popular brands in the market include Samsung, Apple, and Lava.