Singapore Betting Tax Flat Since 2017

Singapore raked in S$2.7 billion (about US$1.97 billion) in betting taxes in the 2017/2018 financial year, unchanged from the year earlier.

This includes taxes from betting duty, the two casinos, and private lotteries.

Overall tax revenue gained 6.8 percent in the year to S$50.2 billion (about US$36.6 billion), according to the Inland Revenue Authority of Singapore.

Singapore has two IRs, Marina Bay Sands and Resorts World Sentosa, and also offers sports betting and wagering through Singapore Pools. (AGB)