Singapore inaugurates new Gambling Regulatory Authority watchdog
Some five months after ratifying new regulatory legislation and the government of Singapore has reportedly inaugurated its new Gambling Regulatory Authority watchdog as a direct replacement for its former Casino Regulatory Authority body.
According to a report from GGRAsia, the official appearance of the new watchdog follows the previous British enclave’s March 11 approval of its fresh Gambling Control Act, which came into effect from the start of this month to establish a single body responsible for the regulation of all forms of gambling. The source detailed that this legislation also introduced stiffer penalties for those found guilty of conducting or facilitating unlawful gambling activities and made it illegal to participate in ‘proxy gambling’.
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