Singapore Gambling Trends and Stats in 2026: Online and Casino

In 2026, Singapore presents itself as a tightly regulated and stable gambling market, ensuring strict control over all forms of gambling through the country’s Gambling Regulatory Authority, which was established in 2022.

Despite this recency and the stringent laws, the country is among Asia’s top gambling countries, ranking third based on market size and representing around 2% of the global casino market.

Let’s explore the Singapore Gambling Industry in 2026, dissecting the country’s betting market’s facts and statistics through various segments, growth, and trends.

The Singapore Gambling Industry in 2026: By The Numbers

Singapore is among the world’s most dedicated gamblers, which is supported by the fact that Singaporean bettors spend around $1,380 on gambling annually. When combining both physical and online gambling sectors, the country’s total gambling market size is estimated to be almost S$6.3 billion in 2024.

With its two Integrated Resorts (IRs), state-authorized gambling and lottery operations under Singapore Pools, and further development plans from Genting Singapore, it’s evident that the country is poised to grow its gambling market to levels that compete with the top countries worldwide.

But let’s break those facts and figures down to various gambling segments, betting habits, and legal frameworks to get a clearer picture regarding the ins and outs of Singapore’s gambling market in 2026.

Facts and Stats About Land-Based Singapore’s Casinos in 2026

In an effort to boost tourism, Singapore legalized casinos in 2005. A year later, the government passed the Casino Control Act to regulate the casinos, leading to the opening of two IRs in 2010.

Currently, the two IRs, Marina Bay Sands and Resorts World Sentosa, are pushing for significant developments to compete in the tourism, entertainment, and gambling industries.

Let’s examine the numbers behind the country’s two sole legal and officially recognized casinos, namely the Singapore Integrated Resorts, below.

1 In the first half of 2025, Singapore’s two IRs reported a 9% increase in casino gaming revenue.

(Gaming Intelligence)

Following a strong second quarter, Singapore’s two integrated resorts, Marina Bay Sands and Resorts World Sentosa, announced a 9% rise in casino revenue, reaching S$3.35 billion for the first half of the 2025 fiscal year.

This is even more impressive considering that the Singapore casino GGR generated around S$5.66 billion by the end of 2024, proving how the country’s two IRs are in the running for the best casinos in the world.

2. Genting Singapore GGR to reach S$2.74 billion by the end of 2026.

(Minichart, Casinos)

Gambling market experts predict that Genting Singapore’s revenue will reach S$2.74 billion in 2026. This progress is primarily supported by the company’s expansion of non-gaming offerings.

3. Resorts World Sentosa saw a 92% increase in profit in 2024.

(The Wall Street Journal, Straits Times)

During the first quarter of 2024, Genting Singapore reported a 92% increase in net profit. The company’s revenue increased by 62% to S$784.4 million, with GGR rising 69.5% to S$576 million.

This notable growth is attributed to the increase in Chinese tourists, especially during the Chinese New Year festivities, and the easing of visa regulations between China and Singapore last February 2024.

4. In 2023, the combined gaming revenue of Singapore’s two integrated casino resorts surged to S$5.25 billion..

(SigmaPlay, Minichart)
In 2023, the combined gross gaming revenue of Singapore’s two integrated casino resorts, Resorts World Sentosa (RWS) and Marina Bay Sands (MBS), rose to S$5.25 billion, indicating a strong post-pandemic recovery.

Genting Singapore, owner of RWS, is undergoing major redevelopment and upgrade, which includes adding 700 new hotel rooms and a new luxury hotel to attract high-yield tourists.

Exciting Singapore Online Gambling Industry Statistics

With the repeal of the 2014 Remote Gambling Act in 2022 and the global increase in online gambling, Singapore’s iGaming market was set to grow, as shown by the recorded and projected GGR figures.

Since Singapore is one of the most advanced and tech-savvy countries in the world, it’s no surprise that technological progress and a strong digital infrastructure attract international gambling companies and local developers alike, thereby fueling market growth.

In markets where crypto gambling is permitted, players often compare the top crypto casinos to evaluate security features, payment flexibility, and gaming options.

Below are valuable statistics and insights regarding Singapore’s online gambling industry in 2026.

5. The Singapore iGaming market is projected to produce around $2.89 billion by 2032.

(Apollor)

In 2022, the Singapore online wagering industry was valued at $1.07 billion and is projected to reach $2.894.5 billion by 2032, growing at a CAGR of 10.51% from 2023 to 2032. The largest contributor, SG’s sports betting market, is expected to reach $1.39 billion by 2032. 

Currently, Poker, Bingo, and Keno account for approximately 16.3% of the Singapore online gambling market in 2022, with experts predicting the two to grow to a combined 17.2% revenue by 2032.

6. Singapore’s online gambling scene was valued at $660 million in 2024.

(iMarc Group)

Singapore’s online gaming market continues to demonstrate significant potential for global competitiveness. In 2024, the iGaming industry was valued at $660 million. Experts project that the market will reach $1.32 billion by 2033, with a compound annual growth rate (CAGR) of 8%.

This growth can be attributed to Singapore’s robust internet penetration, with 99% of homes having internet access. Moreover, experts also credit SG’s iGaming market progress to its high smartphone ownership rate, with 97% of residents owning smartphones, making it easier to access iGaming content.

7. In 2023, 40% of Singapore residents aged 18 and above reported participating in at least one form of gambling activity.

(Channel News Asia, NCPG)

In 2023, 40% of SG residents aged 18 and above reported participating in at least one form of gambling activity. In comparison, only 1% of the gambling population engaged in online betting in 2017.

This underscores the dominance of integrated resorts (IRs) over online pools, a trend further highlighted by the fact that only 0.3% of Singaporeans participated in iGaming in 2020. This can mainly be attributed to two factors:

• Initially, although some bettors moved to iGaming during the pandemic, the majority of online bettors ceased gambling altogether. Thus, the online gambling industry’s growth in SG stalled.
• The other is that Singapore prohibits online gambling and has limited options for online betting.

Singapore’s Sports Betting Industry Facts and Statistics

Singaporeans love sports betting, with their expenditures reaching S$12.2 billion in the 2023-2024 fiscal year. This represents a 7% increase from the previous year, showing a growing interest in legal gaming activities.

The SG sports betting landscape has undergone a notable transformation, particularly following the establishment of the Gambling Regulatory Authority in 2022, which has enhanced oversight and ensured consistency for Singapore’s sports betting market.

Basketball and esports are among the most popular sports for betting in Singapore, with many platforms offering a variety of betting options.

8. Singapore’s horse race betting industry received $818 in bets in 2021.

(The Straits Times)

The Singapore Turf Club is one of the legal betting venues for horse race betting in Singapore. The bets were low in 2020 because the venue was closed during the circuit breaker. However, it bounced back in 2021, with a 65% increase in wagers. 

9. Singaporeans spent $9.2 billion betting on soccer and playing lotteries in 2022.

(TNP)

The Tote Board handles the significant gambling revenue from Singapore Pools and Singapore Turf Club. They only reported the total revenue in 2021, not including its breakdown. They revealed that the industry earned $6.6 billion in lotteries and sports betting.

The Tote Board followed suit in 2022, reporting a total revenue of $9.2 million. They imposed that revenue from soccer betting is part of the industry’s huge earnings.

Alarming Details about Singapore’s Crypto Gambling Industry

Despite the global rise in crypto gambling, with the market reaching $81.4 billion in 2024, Singapore has firmly opposed cryptocurrency and crypto gambling, implementing strict regulations to limit its growth and banning crypto-based casinos.

This measure aims to mitigate risks associated with money laundering and other illicit activities. Polymarket, a prediction market platform, was blocked in 2025 due to non-compliance with local gambling laws.

Such actions show SG’s commitment to maintaining a secure and lawful gambling environment, prioritizing consumer protection and financial integrity over the adoption of blockchain casinos.

How Much Do Singaporeans Lose When Gambling? 

The Singapore NCPG revealed Singaporeans lost around $725 to gambling in 2017. That was the 3rd highest gambling average loss globally. The Ministry of Home Affairs strictly regulates gambling, minimizing potential harm to society.

From 2019 to 2022, authorities arrested over 2,400 people in Singapore for illegal gambling. They bet through prohibited online platforms or unlicensed bookies. With illegal bets, Singapore’s loss is more significant than the figures reported.

The Gambling Regulatory Authority has played a pivotal role in overseeing Singapore’s gambling industry. The GRA’s efforts have contributed to maintaining a low problem gambling rate, which remained stable at approximately 1.1% in 2023. 

10. Illegal online gambling activities among Singapore residents have increased by 0.7% in 2023.

(NCPG, The Independent Singapore News, Ministry of Home Affairs, The Straits Times)

Despite a decrease in betting participation, illegal online gambling has increased among Singaporeans. A 2023 survey claimed that 92% of SG gamblers used Singapore Pools and that 1% of respondents used illegal online casinos, implying that illicit gambling remains small but visible.

To counteract this, the SG Ministry of Home Affairs blocked over 3,800 unauthorized online casinos in December 2024. Additionally, more than 145,000 illegal gambling transactions (equivalent to S$48.02 million) were intercepted.

Despite this, Singaporean law enforcers warn that reported cases likely undercount true activity, since many users of illegal online casinos remain undetected and unwilling to report themselves.

11. Singapore has the second-highest gambling losses per capita rate, averaging a $725 loss annually.

(Gambling Industry News, NCPG)

As of 2025, the median monthly gambling expenditure among Singapore gamblers was $25 in 2023, a $10 hike from the $15 in 2020. More so, the gambling participation rate in Singapore has dropped to 40% in 2023, down from 44% in 2020 and 52% in 2017.

12. There have been at least 1,000 people arrested in Singapore for unlawful gambling since 2010.

(Straits Times)

Unlawful gambling activities have been stable in Singapore for decades, meaning the country successfully controls these issues. They could improve by working on decreasing this number instead of keeping it steady.

Interesting Growth and Trends Statistics in Singapore’s Gambling Industry

Singapore’s gambling industry has recently experienced notable fluctuations. Despite this, the total bet amounts on lotteries and sports betting continued to flourish. As such, market potential seems limitless.

But let’s look deeper at these rising and falling figures to get a better picture of the Singapore gambling market, through losses, growths, and trends in 2026.

13. Singapore’s iGaming market is poised to surpass $5 billion by 2026.

(D-Addicts, Cognitive Market Research)
Gambling industry experts predict Singapore’s online gambling scene to reach more than $5 billion by 2026, which they attribute to the recovery in international tourism and the continued expansion of Singapore IRs.

This number is solidified with statistics stating that Singapore’s share of the APAC gambling market is estimated at $5.03 billion for 2026, suggesting that the $5 billion benchmark is plausible under assumptions.

14. A study showed the median of the largest debt due to online gambling was $20,000.

(PubMed)

A study on treatment-seeking patients in Singapore revealed that the biggest median debt in the country was $500, primarily due to offline gambling. The SG debtor might owe either an individual, a gambling provider, or creditors who fund gambling.

Although the number of gamblers who bet online is small, online gambling involvement remains steady. Bettors frequently wager online and often at higher amounts, leading to increased debts.

Final Thoughts

Singapore’s gambling industry has evolved into a highly regulated and dynamic sector, striking a balance between economic growth and social safeguards. With the GRA ensuring a secure environment for both operators and gamblers, the market remains robust.

The continued growth of the sector is fueled by the increasing popularity of modern technologies and the rise of esports. Embracing these is key to diversifying offerings and maintaining engagement.

Looking ahead, the Singapore gambling industry should focus on innovation while prioritizing responsible gambling practices. By maintaining these two factors, its gambling scene can achieve sustainable growth and remain a leader in the region.