If you live in Singapore, you’ve probably played 4D or TOTO at some point. These betting games are a popular pastime and can be quite exciting, especially when you win! However, many people don’t know that these games are the product of Singapore Pools.
Singapore Pools is a state-owned lottery subsidiary company that was established in 1968, and it is the sole legal bookmaker and totalisator for association football and motor racing betting in the country. It is a wholly owned subsidiary of the Tote Board, which is a statutory board under the Ministry of Finance. In the past, illegal bookies were a big problem for gambling operators in Singapore, but the rise of digital technology has helped to eliminate this issue and has brought down the number of illegal betting syndicates.
Today, Singapore Pools is a leader in the gaming industry and is renowned for its integrity, technological investment, and responsible gaming policies. Its commitment to integrity and transparency has earned it the trust of millions of players in Singapore and around the world. To ensure fair play, every draw is meticulously supervised and secured with strict security protocols. The results of each draw are verified and validated by officials and third-party auditors to make sure that the process was carried out correctly. Once the results are validated, they are made available to customers through a variety of channels, including online and mobile platforms.
The security measures that SGP Pools uses are a combination of traditional methods and advanced technology. The company uses a Random Number Generator (RNG) system that is based on proven algorithms to ensure that the winning numbers are genuinely random. The RNG is a critical component of the system because it ensures that the results cannot be influenced by any external factors, such as machine malfunction or human error. Furthermore, the numbered balls used in the draws are manufactured to specific specifications and undergo regular inspections to ensure that they are consistent and uniform.
SGP pools has also invested heavily in new technology to ensure that its systems are secure. Its Oracle Cloud Observability and Management platform provides visibility and actionable insights across all layers of its technology stack, helping to minimize risk, ensure proper governance, and reduce management complexity. In addition, the platform enables SGP Pools to resolve issues in minutes, compared to hours previously.
SGP Pools also strives to be a “Company for Good.” It leverages its IT infrastructure and talent to develop iShine Cloud, a platform that provides other charities with integrated solutions to help them run their businesses more effectively. The platform improves the productivity, governance, and efficiency of charity operations so that they can better serve their beneficiaries. iShine Cloud has onboarded 31 charities and serves more than 1,512 users as of 2018.