Singapore Betting Tax Receipts Reach SG$3.6 Billion
Singapore recorded a sharp increase in betting tax revenue during the financial year ended March 31, 2026, with collections from gambling-related taxes reaching SG$3.6 billion (US$2.84 billion), according to the latest annual report from the Inland Revenue Authority of Singapore (IRAS). The figure represented an 11.9% increase from the SG$3.2 billion collected in the previous financial year, making betting taxes one of the fastest-growing revenue categories reported by the tax authority. The growth rate significantly exceeded the 1.7% increase recorded […] The post Singapore Betting Tax Receipts Reach SG$3.6 Billion appeared first on World Casino News.
Singapore recorded a sharp increase in betting tax revenue during the financial year ended March 31, 2026, with collections from gambling-related taxes reaching SG$3.6 billion (US$2.84 billion), according to the latest annual report from the Inland Revenue Authority of Singapore (IRAS). The figure represented an 11.9% increase from the SG$3.2 billion collected in the previous financial year, making betting taxes one of the fastest-growing revenue categories reported by the tax authority. The growth rate significantly exceeded the 1.7% increase recorded […]
The post Singapore Betting Tax Receipts Reach SG$3.6 Billion appeared first on World Casino News.
