Singapore Pools – The Company That Brought 4D and TOTO to You
If you’re a Singaporean, you’ve probably heard of 4D and TOTO – the state lottery games operated by Singapore Pools. You might even have a bet or two under your belt. But how much do you know about the establishment that brought these betting games to you?
Founded on 23 May 1968, Singapore Pools was originally set up to tackle illegal gambling. It was a practical solution, as a blanket ban would only drive the activity underground and put more money in the pockets of triads and illegal bookkeepers.
Since then, Singapore Pools has grown and expanded its roster of products to provide even more ways for the public to gamble safely and responsibly. Its first product, Toto, launched in 1968, followed by the four-digit lottery game, 4D, in 1986. It also added sports betting in 1999 and a number of other products, including Singapore Sweep and motor racing betting.
In 2015, Singapore Pools and the Turf Club grossed a total of $8b in turnover (before paying prizes and dividends). The company now offers a wide variety of betting products for football, motor racing, horse racing, TOTO, and 4D gaming. It also provides a variety of payment options to suit the needs of bettors.
For those who aren’t keen on putting down their hard-earned cash at the casinos, Singapore Pools offers online sports betting services. This government-owned platform allows bettors who are Singapore citizens, permanent residents, or have an authentic Singapore foreign identification number to deposit and withdraw funds quickly and easily. The site has a high reputation among sports bettors, and it offers competitive odds for many major sporting events.
Singapore Pools also operates a variety of online lottery games, including the popular Keno and Toto draw games. The company is committed to the socially responsible gambling, and has a strict Responsible Gaming Policy. In addition, the company has a comprehensive risk management system, and its staff receive regular training in responsible gaming.
To ensure that its online operations are safe and secure, Singapore Pools has worked with industry partners to develop iShine Cloud. This cloud-based system is designed to improve security and transparency for players. It also supports compliance with Singapore’s laws and regulations regarding the prevention of money laundering and terrorism financing.
iShine Cloud also helps reduce operational costs, which has enabled Singapore Pools to increase its betting limits and offer more prizes. Its data security measures also protect against external attacks such as ransomware and cryptojacking. Moreover, the system is easy to implement and manage for the company’s IT team. It has also increased efficiency for Singapore Pools’ call centre agents. This has helped the company to become more profitable. In turn, this has also enabled it to help more people in need.