Singapore collected S$3.6bn (US$2.8bn) in betting taxes during the financial year ending March 31, 2026, an increase of 11.9% from the previous year.
The Inland Revenue Authority of Singapore recorded approximately S$3.2bn from the category during the preceding 12 months, when annual growth was 1.7%.
Betting tax includes casino tax and duties collected from other regulated gambling activities. The authority does not publish separate figures for each source.
Singapore has two integrated casino resorts. Marina Bay Sands is operated by Las Vegas Sands, while Resorts World Sentosa is owned by Genting Singapore.
State-owned Singapore Pools is the country’s only operator permitted to offer lotteries and sports betting. Its products include Toto, 4D, Singapore Sweep and wagering on football and horse racing.
Betting taxes accounted for 3.7% of the S$97.3bn collected by the tax authority during the year, compared with approximately 3.6% of the previous year’s S$88.9bn total.
Overall tax revenue increased by 9.4%, supported by higher economic activity and consumer spending.
Corporate income tax remained the largest source of government revenue at S$34.4bn, representing 35.4% of total collections. Goods and services tax generated S$21.7bn, while individual income tax contributed S$20.9bn.
Betting tax was the second-smallest main category reported by the authority, ahead of withholding tax at S$2.5bn.
The S$97.3bn collected across all categories represented 74.8% of Singapore’s government operating revenue and was equivalent to 12.3% of the country’s gross domestic product.
