Record $8.1b in bets placed on lotteries, sports
Near 10% spike in year ended March 2019 driven by World Cup
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All Singapore Pools outlets have been closed since more stringent measures to contain the spread of Covid-19 were implemented on April 7.
ST PHOTO: DESMOND WEE
Fuelled by a spike in bets during the 2018 World Cup, a record $8.1 billion was wagered on lotteries and sports betting in the financial year that ended in March last year, according to the Tote Board.
This represents an increase of almost 10 per cent when compared with the $7.4 billion spent on the same games during the preceding financial year.