Singapore legislation

Section 4

of Betting Act 1960

Section 4

Advancing money for conducting business of common betting house

Any person who advances or furnishes money for the purpose of establishing or conducting the business of a common betting house shall be guilty of an offence and shall be liable on conviction to a fine of not less than $10,000 and not more than $100,000 and shall also be punished with imprisonment for a term not exceeding 5 years.