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Singapore’s New Gambling Regulatory Authority Became Operational as of August 1

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Singapore’s new Gambling Regulatory Authority (GRA) has become operational as of August 1, with the commencement of the GRA Act.

The Gambling Regulatory Authority of Singapore will act as a consolidated regulator, allowing it to effectively stay ahead of technological and gambling trends, respond more adequately to emerging gambling products, and take a more holistic and coherent approach to gambling policies.

The GRA will work with the Ministry of Social and Family Development and the National Council on Problem Gambling (NCPG) to protect Singaporeans from the harms of gambling, while the Singapore Police Force (SPF) will continue to enforce against illegal gambling activities.

Singapore’s gambling laws have been updated and harmonised under the GC Act. The Act also consolidates unlawful gambling offences and regulation of gambling (other than casinos) under a single Act. The Betting Act, Common Gaming Houses Act, Private Lotteries Act, and Remote Gambling Act will be correspondingly repealed.

The GRA will issue gambling operator licences for gambling services such as betting and lottery, gaming machine rooms, and gambling in private establishments. The GRA will ensure that licensees are fit and proper to offer gambling services, and hold licensees accountable for the conduct of gambling.

The GC Act will introduce class licensing regimes for lower-risk gambling products, such as business promotion lucky draws. While operators offering such activities do not need to be individually licensed by the GRA, they must meet the requirements of the class licence, before offering the relevant activity.

The GC Act will allow social gambling among family and friends in homes. However, this allowance for social gambling in homes, will not be extended to online platforms, given the practical difficulties in establishing the relationship of individuals in the online context, whether an online gambling activity is really social gambling among family and friends. The SPF will take enforcement action against criminal syndicates that seek to exploit this exemption to conduct illegal gambling activities.

The GC Act applies a three-tier penalty structure for unlawful gambling offences (both online and physical), which differentiates between punters, agents, and operators. The highest penalties will be imposed on operators, as their culpability is highest, followed by agents and then punters.

Penalties for unlawful gambling will be enhanced, to send a strong deterrent signal to criminal syndicates. Proxy gambling in casinos and gaming machine rooms will be criminalised.

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Asia

MelBet Announces New Partnership with СPL 2024 Champion Saint Lucia Kings

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MelBet has announced a new partnership with the СPL 2024 Champion Saint Lucia Kings.

As a Principal Partner, MelBet, the iGaming company, will support the Kings on their journey to defend their title during the upcoming season.

Both the platform and the team share the same belief: perseverance and tenacity make champions. Anyone who is inspired by the desire to win, who believes in themselves and never gives up, deserves a reward, and loyal MelBet fans know this better than anyone. As part of the partnership, MelBet will become an integral part of the St. Lucia Kings team, supporting players and fans on their way to victory.

“We’re excited to enter the season with MelBet as our Principal Partner. Their reputation for turning every moment into an unforgettable experience is a perfect match for our team. We’re confident that this partnership will bring us the luck and success we need as we aim for another great season,” said Satish Menon, CEO of Saint Lucia Kings.

“We are absolutely delighted to welcome MelBet as our principal partner for the upcoming CPL Season 13. This partnership marks an exciting new chapter for the Saint Lucia Kings, and we are confident that MelBet’s passion for sports and commitment to excellence align perfectly with our own ambitions. We look forward to a successful season both on and off the field,” said Saurabh Arora, Chief Commercial Officer of Saint Lucia Kings.

The post MelBet Announces New Partnership with СPL 2024 Champion Saint Lucia Kings appeared first on European Gaming Industry News.

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Genting Singapore Appoints Lee Shi Ruh as its New President and COO

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Genting Singapore chief financial officer (CFO) Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years.

The role was last held by former president and COO Tan Hee Teck, who was promoted to chief executive officer in May 2022.

Lee has now stepped down as CFO, the group announced in a bourse filing on Friday (Aug 1). That role will be taken over by Ang Suat Ching, currently CFO of Resorts World Sentosa (RWS), an indirect wholly owned subsidiary of Genting Singapore. Ang will retain her role at RWS.

These changes follow the retirement of Tan, who stepped down as CEO and chairman of RWS in May.

From Jun 1, Lim Kok Thay, executive chairman of the Genting Group, assumed the role of acting CEO, while Lee took on the position of CEO of RWS.

“These appointments reflect our commitment to leadership renewal as the group enters its next phase of growth,” said Lim.

He added that Lee “brings a proven track record of sound decision-making, strategic discipline, and a clear understanding of the group’s long-term priorities, which will be invaluable in her expanded role as president and COO”.

He also noted that Ang’s financial expertise will support the group’s long-term value creation.

The post Genting Singapore Appoints Lee Shi Ruh as its New President and COO appeared first on European Gaming Industry News.

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Aquisitions/Mergers

Donaco International Shareholders Approve Acquisition by On Nut Road Limited

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Donaco International Limited (DNA), an ASX-listed company focused on leisure, entertainment and associated technology, announced that its shareholders have voted in favour of the proposed acquisition of 100% of the company’s shares by On Nut Road Limited (ONR) via a scheme of arrangement. Donaco International operates casino businesses in Southeast Asia.

The resolution to approve the Scheme was passed with significant support, with 98.11% of votes cast by Donaco shareholders in favour. Additionally, 77.50% of Donaco shareholders present and voting, either in person or by proxy, attorney, or corporate representative, also voted in favour of the Scheme. The voting results reflect strong shareholder backing for the proposed acquisition.

The Scheme remains subject to the approval of the Supreme Court of New South Wales at a hearing scheduled for Thursday, 7 August 2025. The Second Court Hearing will only occur if all of the remaining conditions precedent to the Scheme have been satisfied or waived. If the court approves the Scheme and all conditions are met, Donaco intends to lodge a copy of the court orders with ASIC on Friday, 8 August 2025, upon which the Scheme will become effective and DNA shares will be suspended from trading on the ASX. Pending final approvals, the implementation of the Scheme is expected to occur on Tuesday, 19 August 2025.

The post Donaco International Shareholders Approve Acquisition by On Nut Road Limited appeared first on European Gaming Industry News.

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