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Toto (est. in 1968 and stylised as TOTO) is a legalised form of lottery sold in Singapore, known by different names elsewhere. It is held by Singapore Pools, the only legal lottery operator in Singapore. As of April 2015, it was the second most popular type of gambling activity after 4-Digits. [2]
Singapore Pools was incorporated on 23 May 1968 to curb illegal gambling in Singapore. [4] It provided Singaporeans with a legal avenue to bet on lotteries, countering the rampant illegal betting syndicates that were present. [5] Since 1 May 2004, Singapore Pools is owned by Tote Board, a statutory board under the Ministry of Finance.
A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing their own national (state) lottery.
This led to the 2-D lottery, which in turn gave rise to 3-D and later, 4-D, betting games which were wildly popular in Singapore and Malaysia from the 1950s. [citation needed] The Singapore Turf Club was the first to introduce the 4-D draw in Singapore in May 1966, offering a S$2,000 first prize for a $1 ticket. It stopped offering it in May ...
As of 2022, GRA is the current single regulatory body overseeing gambling in Singapore. [5] The Casino Regulatory Authority of Singapore (CRA) was formed in 2008 to regulate management and operation of the casinos in Singapore, ensuring they remained free from criminal influence or exploitation. It also ensured that gaming in a casino is ...
Accompanying the lottery is the betting game, an illegal form of lottery among the people, which uses the results of the jackpot of the legal traditional lottery as the prize-winning results. In Hanoi, the "agent" system of the betting game has developed along with traditional lottery stores and iced tea stalls, operating quite openly. [ 46 ]
The word "keno" has French or Latin roots (Fr. quine "five winning numbers", L. quini "five each"), but by all accounts the game originated in China. Legend has it that Zhang Liang invented the game during the Chu-Han Contention to raise money to defend an ancient city, and its widespread popularity later helped raise funds to build the Great Wall of China.
Gambling has been part of Singapore's history, though it was strictly controlled by the government for many years. In the mid-20th century, illegal gambling was common. However, with the opening of regulated casinos in 2010, the approach shifted. Today, the government enforces strict laws to promote responsible gambling and prevent illegal ...