Singapore Pools Reports Record Bets for FY2024

Singapore Pools, the only legal lottery and sports betting operator in the country, reported a record $12.2 billion worth of bets for its financial year ending March 2024. This is a 7% increase from the previous financial year, and reflects growing betting activity in the country.

Founded in 1968, the government set up Singapore Pools to counter illegal gambling activities and provide a trusted and safe channel for gaming. Its surpluses are channelled through the Tote Board to fund charity, community projects and sports development programmes.

Counsellors who work with problem gamblers suggested that the ease and convenience of placing bets on the internet could have fuelled the growth in the sums wagered by punters. They also pointed out that the increased social acceptance of casual gambling may have contributed to the rising numbers. Another reason could be the large number of football matches in multiple leagues, with a wide variety of teams and games to choose from.

Singapore pools has a variety of gambling options for its customers, including number games like Toto and 4D, as well as sports betting and horse racing. Its online platform offers both a range of games and real-time updates, keeping its customers engaged and entertained.

In recent times, the company has focused on digitalising its business operations as part of an ongoing transformation strategy. It has partnered with Oracle to implement cloud-based observability and management solutions to improve operational efficiency. These tools help reduce downtime and enable the organisation to resolve issues within minutes, as compared to hours previously.

The company has also made efforts to be environmentally friendly and is committed to a sustainable future. It has been a leader in the industry by implementing a green data centre and becoming one of the first companies in Singapore to achieve an energy efficent Gold Plus BCA Green Mark for its building. In addition, it has incorporated the use of recycled materials into the construction and refurbishment of its facilities, as well as adopting a strict environmental policy in its business operations.

Its workforce is highly motivated and dedicated to the company, which was recognised with an Employer of Choice award in 2020. Its leadership team regularly engages with employees to gather feedback and incorporate new initiatives into the business. Its employee-focused approach has led to high levels of job satisfaction and engagement, which have also helped to create a culture that is conducive to attracting and retaining talent. The company has an excellent track record of delivering on its commitments, with many awards and recognition under its belt. Its focus on the customer experience and innovation has allowed it to grow rapidly in a highly competitive environment. It is now poised to take on new challenges and continue to grow in the coming years. The company’s long-term success and sustainability depends on the continued support of its stakeholders. To this end, it is focusing on improving the quality of its products and services, as well as continuing to innovate in order to stay ahead of the competition.

Hong Kong Prize 2024

hongkong prize

A marine police officer is the surprise winner of this week’s Mark Six jackpot, scooping over HK$69 million from a single HK$10 bet made over the phone. The lucky officer, who works in the department’s small boat division, was not at work when he placed his winning bet and was on leave at the time. He told the Post that he would use the prize money to buy a new vehicle and invest some of it.

Despite having no first-prize winner, the latest New Year Snowball draw saw the jackpot increase to a record HK$140 million. This is a result of the number of second-prize winners, and not because people are buying fewer tickets. According to lottery organisers, the higher prize amounts are to encourage more participants to buy tickets and boost sales.

The BOCHK Science and Technology Innovation Prize is a prestigious international science award in Hong Kong that recognises individuals or teams for their pioneering discoveries and the significant application and transformation of their research achievements for the benefit of society. It inspires scientific researchers and innovators to persist in innovative exploration, establish themselves in Hong Kong, serve the nation, and contribute to the world.

This year’s award received nominations from universities and the public, including local and overseas scholars and experts, and was reviewed by a panel of distinguished academics. The winning candidate will receive a cash prize of HK$2,000,000, a certificate and a trophy. The awards are presented at an annual ceremony, with representatives of the Government of the Hong Kong Special Administrative Region and the sponsoring enterprises attending as officiating guests.

In addition, the Shaw Prize Foundation and the Hong Kong Science Museum jointly organise “2024 The Future Science Prize Exhibition” to introduce this year’s Shaw Laureates, their research journey and achievements through exhibits and provide accessible scientific knowledge. The exhibition is open to the general public from today (October 4) to November 4 at the G/F Exhibition Hall.

Another competition is the Hari Art Prize 2024, which aims to recognise self-taught artists and recent art graduates who have just started their careers. It is open to all genres of artwork, and submissions can be submitted online.

The HK Global Development Prize, organised by Generocity, is seeking innovative ideas that can help shape Hong Kong’s role in global development efforts and improve the lives of people around the world. Applicants can submit their entries through the online platform until January 28.