OpenBet to Provide Sports Betting Services to Singapore Pools

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Asian reports confirmed OpenBet's 7-year contract to provide sports betting products and services to Singapore Pools.

The provider was chosen from an open Expression of Interest (EOI) exercise in February 2014 started by Singapore Pools.

“Signing with Singapore Pools is a landmark win for OpenBet," said OpenBet CEO Jeremy Thompson-Hill.

Singapore Pools, established in 1968, is the provider of legal lottery and sports betting and donates proceeds to good causes and charity.

Tote Board owns Singapore Pools, reports to the Singapore Ministry of Finance and recently applied to be excluded from the city-state's blanket ban on remote gambling.