Singapore legislation
Regulation 3
Regulation 3
Taxable gambling undertaking
For the purpose of section 5(1)(a) of the Act, the taxable gambling undertaking of an authorised betting operator consists of receiving, paying, negotiating or settling any, or a combination of any, of the following Singapore bets, in the course of betting operations conducted in or from a place in Singapore by the authorised betting operator:
(a)
a totalisator bet;
(b)
a general bet.