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The latest amendment to the Casino Control Act has increased that tax rate to 18%, up to a revenue threshold of SGD3. 3bn). Any revenue above that cap will be taxed at 22%. For revenue obtained from premium players – those with more than SGD100,000 deposited in their account – the tax rate has increased from 5% to 8% up to a threshold of SGD2. If technology makes it easier for people to gamble anywhere and everywhere, then such illegal online gambling will continue to grow. "The government continues to keep a close watch to monitor the issue of problem gambling, including problem gambling online. Singapore's Ministry of Home Affairs (MHA) unveiled its plans to amend gambling legislation back in July 2021. This was followed by a public consultation to allow the public the chance to voice any concerns regarding these plans. camera bag cyber monday
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