Sgp pools is an online betting website that allows you to bet on sports events and win prizes. The site is easy to use and offers a variety of bonuses and promotions. It is also safe and secure to use. However, you should always be careful about how much you spend. You should only play with a small amount of money and seek help if you think you are getting addicted to gambling.
Singapore Pools, founded in 1968, provides a legal avenue for lottery and sports betting to counter illegal syndicates and channel surplus funds into community programmes. It is a wholly owned subsidiary of the Tote Board, which reports to the Ministry of Finance. Its product portfolio includes the lotto game Toto, pre-printed lottery game Singapore Sweep, number game 4D and football and motor racing sports betting.
In the 2019/2020 financial year, Singapore Pools collected close to S$9bn from its legal gaming operations. About 70% of this total – including the winnings – was returned to Singaporeans. The rest was redirected to the Tote Board for the arts, community development, charity, education, health and sports sectors. To further maximise its impact, Singapore Pools aims to increase the percentage of its profits that is channelled to these sectors by an additional 5% from 2020.
To do this, it is investing in digitalisation. It has replaced its legacy applications with iShine Cloud, enabling it to streamline processes and improve data security, while maintaining strict regulatory standards. It is also leveraging the platform to support its work with authorities in combating illegal gambling activity.
The platform’s security features are key to this effort, according to Yeo. It is also enabling Singapore Pools to provide its customers with a more consistent and reliable experience. Its new mobile apps feature a cleaner interface and offer improved functionality, such as the ability to access and view their betting history and balances. In addition, they can now deposit and withdraw funds with their credit cards or PayPal accounts.
Another benefit of the platform is that it has made it easier for employees to engage with their community. In a survey conducted in 2020, staff volunteerism was one of the top ranked responses, with over 90% of respondents agreeing that it makes them proud to be part of the company. As a result, Singapore Pools encourages its employees to participate in such activities and provides them with two days of volunteer leave a year. The company has also increased its budget for social engagement activities to S$10m in 2022, up from S$5m last year.