Singapore Pools – Singapore’s Leading State-Owned Gambling Company
Singapore Pools, founded in 1968, is a state-owned company with monitoring and supervision from the Ministry of Finance. Its main product is sports betting, but it also offers lottery games, horse racing, and mobile apps. Its customer service is available by phone or online. Users can deposit and withdraw funds using a bank link or eNETS, as well as cash at outlets.
The company focuses on providing customers with a safe gambling environment and is committed to social responsibility. It is a member of the World Lottery Association and owns WLA Responsible Gaming Framework Level 4. The company also operates retail channels that sell tickets and other products. Its head office is in Singapore, and its subsidiaries are located around the world.
As an organisation that is a trusted source of information, it must ensure that the public has a safe and secure environment in which to gamble. This is why it has opted for the Oracle Cloud Observability and Management Platform. It enables the company to monitor its applications, detect performance issues and outages, and improve operational efficiency. It also reduces the time spent troubleshooting, which is critical in times of crisis.
To ensure the safety of its customers, the company has implemented multiple measures to keep gambling in line with the law and the community’s needs. One of these is the introduction of new game rules and the introduction of a Responsible Gambling Program to help players control their gaming activities. This is a major step in ensuring the safety of Singaporeans who enjoy gambling.
Besides being an important part of Singapore’s culture, gambling is also a major revenue source for the country. The government realized that a blanket ban on gambling would only drive it underground, putting more money into the pockets of illegal syndicates. Instead, the Singapore Pools was established to provide the people who love to bet with a safer and more secure way to do it.
This company has been around for over 50 years and is the oldest national lottery in the world. Their roster of games includes Toto, a 6-out-of-49 state lottery, and Singapore Sweep, which is a seven-digit sweepstakes drawn once a month. In addition, the company has added sports betting and motor racing to its lineup in recent years.
Singapore Pools is the nation’s leading state-owned gambling organisation and has a long history of supporting charitable causes. Their mission is to create an environment where people can bet responsibly and have fun, and to ensure that their profits are channelled back into the community. They’re also embracing digital transformation to move away from legacy systems and become an agile business that can quickly respond to change. We sat down with Yeo Teck Guan, CEO of Singapore Pools, to learn more about the COVID-19 pandemic, the company’s digital transformation strategy, and his vision for the future of the company.