Skip to main content

Singapore Casino Regulator Cites Loot Boxes as Gambling Risk

Recently updated on August 27th, 2019

Loot boxes in video games are in the news again and casino regulators in Singapore are investigating the ‘novel’ gambling products. They have mentioned the obvious appeal to a young demographic as the motivation to mitigate the possible risk involved in playing those games. Officially known as the Singapore’ Casino Regulatory Authority (CRA), it is one of the regulatory bodies in a long list of countries that have moved to investigate loot boxes and determine if they constitute gambling. These products are one of the handful of measures that the department is looking into in order to “support policy development and enhance CRA’s risk management.

Casino Regulator to Improve Risk management

The Second Minister for Home Affairs, Josephine Teo made the announcement at the 5th Singapore Symposium on Gambling Regulation and Crime on Thursday, Aug 29. During her speech, Mrs Teo made mention of the regulator’s commitment to the importance of responsible gambling and identifying characteristics that pose a risk to patrons who play video games. She explained that they were “working closely with the casinos in Singapore to implement measures to help patrons make informed decisions about gambling,”.

singapore-casino regulator investigates loot boxes

There has been a noticeable increase in online gambling in Singapore, with almost everyone owning a smartphone. Mrs. Teo wants to form a new law that looks at ‘novel’ products and how they can best be regulated. The CRA is taking notes of how gambling regulators in other countries have been dealing with the inherent rise in gambling around the world. The minister referred to the stats which have shown how the gambling revenue has grown from 2009 to 2016. In that period, there was a 10 percent increase, almost doubling the revenue to a whopping US$39 billion.

Possible Measures to be Explored

With the online gambling market expected to grow in the Asia-Pacific, some of the measures that have been highlighted to minimise the risk of problem gambling include the following:

  • Measures to notify patrons of the amount they spend at a casino.
  • Encouraging players to voluntarily setup limits on their expenditure.
  • Set caps on the duration of time spent at the casino.

Related Posts

Gordon Vayo Sues PokerStars over Winnings

Gordon Vayo Suing PokerStars for Non-payment – NZ Poker News

Recently updated on May 14th, 2018Whenever a famous poker player wins in a tournament, you’d expect payouts to be a breeze. However, for Gordon Vayo, this was not the case with PokerStars after their Spring Championship of Online Poker (SCOOP) tournament. The professional player won an online game of No Limit Hold’em with a buy-in […]

SkyCity Darwin Sale estimated at NZ$201 Million

SkyCity Darwin Sold to Delaware North for NZ$201m – NZ News

Recently updated on November 13th, 2018SkyCity Entertainment has reportedly sold one of their Australian casinos to Delaware North. Delaware North is a ‘hospitality behemoth’ from the US. According to reports, they bought SkyCity Darwin for an estimated AU$188 million (NZ$201 million). Currently the US operator runs the Sydney Cricket Ground, the Australian Tennis Open and […]

Tararua is Failing to Stop Gambling after Six Years of the ‘Sinking Lid’ Policy

Tararua is Failing to Stop Gambling after Six Years of the ‘Sinking Lid’ Policy

Recently updated on April 5th, 2019With gambling-related harm at the forefront of Kiwi minds, Tararua was one of the first districts to limit gaming machines. Unfortunately, their ‘sinking lid’ policy is now in its sixth year without much to show for it. While other districts in New Zealand are trying to clamp down on the […]

Alabama Plans to Legalise State Lottery and Sports Betting


Recently updated on April 6th, 2019The Alabama Senate committee gathered on Thursday to hear three bills that were filed earlier this year. Two concerned state lottery and one concerned sport betting. The lack of gambling opportunities in the state is the reason for the new proposed legislation change. Currently, the state only permits pari-mutuel betting […]