Authorities warn that “no blocking method is foolproof”.
Singapore.- Authorities are acknowledging the limits of their ability to fully curb unauthorised online wagering as activity on the prediction market Polymarket continues to grow after being blocked. According to The Straits Times, betting volumes linked to Singapore have risen in recent weeks, particularly around markets tied to the country’s daily temperature.
Since mid-March, users have been purchasing “yes” or “no” positions on whether specific temperature thresholds will be reached, with daily wagering in April exceeding US$100,000 on average. On April 17 alone, nearly US$125,000 was staked.
Singapore’s authorities stressed the structural challenges involved in enforcement, stating that “no blocking method is foolproof.” Although access to the platform has been restricted since late 2024, officials noted that users continue to bypass controls through alternative means, such as virtual private networks, while third-party services can facilitate participation from restricted jurisdictions.
Authorities reiterated that Singapore Pools remains the only licensed operator permitted to offer remote gambling services in the country, and that any other platform enabling bets on event outcomes is considered unlawful. They warned that individuals who “deliberately circumvent the Government’s blocking measures do so at their own risk”, adding that offenders may face fines, imprisonment of up to six months or both under the Gambling Control Act.
Authorities warn that “no blocking method is foolproof”. Singapore.- Authorities are acknowledging the limits of their ability to fully curb unauthorised online wagering as activity on the prediction market Polymarket continues to grow after being blocked. According to The Straits Times, betting volumes linked to Singapore have risen in recent weeks, particularly around markets tied…
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