How much money does the Singapore government make from the lotteries run by Singapore Pools and its other bookmaking activities?
Today reports that Singapore Pools will give S$164.8 million to charity over the next three years. The money will be put into the Tote Board Social Service Fund for the National Council of Social Service to use.
What the report doesn't say is how much money Singapore Pools collects from the punters every week.
Singapore Pools and the Singapore Turf Club are both owned by the Tote Board, a statutory board under the Finance Ministry.
That puts the government in the same business as the casinos, from which it is trying to protect Singaporeans.