Problem Gambling Rates Singapore Currency Converter

A recent study from Singapore conducted on adults aged 55 years and above using the Canadian problem gambling index (CPGI) (Ferris and Wynne, 2001), reported a lifetime gambling participation rate of 56.2%. Among those who had lifetime gambling, 69.7% had gambled in the past 12 months and 2.2% met the criteria for problem gambling.

1. Are conservative and may reflect under-reporting. One study that used 2001 gambling rates found that 4.7% of gamblers – 559,187 Ontarians – can be described as problem gamblers.9 There is evidence that problem gambling is increasing in Canada. According to Statistics Canada 1.2 million Canadians exhibit at least one indication of problem.
2. Gambling/problem gambling. All publications related to gambling/problem gambling are kept here.
3. In a comparison of international gambling participation, Singapore's 52 per cent rate was lower than Hong Kong's 61.5 per cent but above Macau (51.5) and the UK (48). When it came to probable.

Nowadays gambling has become even more popular than decades ago, owing to the development of Internet technologies. There are millions of gamblers all over the world. Most of the players, who parlay responsibly and don’t cross their safe bankroll limits, will have a great time.

Unfortunately for some people, it’s not just harmless entertainment. Sometimes it can lead to serious issues in different aspects of life. This might happen when a person starts experiencing addiction problems (a player is not capable of controlling his/her gambling behavior).

Problem Gambling Prevalence Rate

Some countries show a higher prevalence rate than others, and it may be explained by cultural, economic, political, and legal factors. We’ll provide thorough information about gambling addiction in different parts of the world, based on recent research from 2016.

Australia

According to the statistics on problem gambling among the population, Australia shows quite high numbers. Approximately 0.5-1% (figures vary in different states) of citizens suffer from this addiction. This is so due to the changes in the betting industry due to digital technologies.

More people can now access betting entertainment via different online services, therefore the cases of unhealthy gambling have increased greatly. Each year Australians spend almost $1.5 billion on online wagering. Moreover, due to the high rate of illegal (in AU) sites, people are losing up to $0.5 billion to overseas companies.

That’s why Australia does everything to prevent unauthorized companies from entering their inner gaming market. According to the Gambling act 2001, with the recent amendment (2016), it is prohibited for foreign casino operators to provide their service there unless they are not licensed in AU.
Such strict rules also serve for decreasing the rate of dangerous betting habits.

Canada

Interestingly, Canada is among the countries with the highest percentage of gambling addicted citizens. Imagine that ¼ of all CA residents (or their friends/relatives) have suffered from some sort of bad consequences (job loss, depression, marriage problems and etc.) owing to their dependence.

And more than 80% of respondents have participated in lotteries during the past year.
It is a serious problem that affects millions of Canadians, although only half of those surveyed agreed that gambling can be dangerous.

New Zealand

New Zealand has the least number of problem gamblers according to the study by Business and Economic Research. It states that only a few citizens are liable to excessive betting behavior. Most of the casino clients in NZ are well aware of possible hazards, and know when it’s better to stop playing.

Norway

Despite the fact that there is government regulation of gambling activities, which provides various measures to decrease addiction problems among citizens, Norway is far away from the minimum rate of dependent people. Approximately 0.7% (more than in Denmark and UK) of the population in this country is grappling with the problem.

UK

Addiction drains a lot of money (about 1.2 billion pounds per year in the UK). Therefore, the government should pay special attention to this issue. According to various scientific sources, the cost also comprises special institutions service (mental health clinics), homelessness and police involvement.

The percentage of people who suffer from the bad influences of gambling varies from 0.6 to 1.1% of the total adult population. Diverse age groups show different liabilities to betting activities, which results in such data as 0.7% (for 25-34-year-olds), and 0.8% (for 18-24-year-olds). Moreover, the research also shows that unemployed, homeless, and people of color tend to be in the risk zone more often than others.

USA

The USA is in the top list of countries, where a huge part of the population (2.6% or almost 10 million people) has an addiction problem because of gambling. These activities are represented in every state (even where they are restricted).

Of course, not all players have serious dependences, some just like to have some fun and feel a little risk, while others learn to gamble on a professional level, which helps to avoid big losses.

Unfortunately for other types of people, such an entertainment can lead to an illness, that should be treated (due to the high similarity with drug and alcohol addiction).
Overall, compulsive betting behavior costs about 6 billion dollars per year for U.S. economics.

Distribution of Problem Players

Problem players have a different prevalence and it depends greatly on age and gender. These points are well-documented in the following paragraphs.

By Age

People are divided into age groups such as:
• 16-24 year olds – who show the most susceptibility (1.4%)
• 25-34 – tend to gamble less than their younger and older mates (0.8%)
• 35-44 – are also at a higher risk (1.1%)
• 45-55 and older – only 0.3% or less.

By Gender

The sharpest contrast we see is in the statistics that differentiate people by gender:
• Men – 1.2%
• Women – 0.1%.

Statistics of Device Usage

To understand the subject better, we will also provide statistics, which shows what devices are used mostly by problem gamblers:
• Laptops – 55%
• PCs – 34%
• Mobile phones/tablets – 29%/21%
It’s interesting to note, that mobile phones are used more commonly by 18-44-year-olds, while PCs are more popular among older people.

Unlicensed moneylending (UML) is when an unlicensed individual, often called an ‘Ah Long’ or loanshark, lends money to another individual. UML is dangerous due to the unregulated harassment methods these loansharks often use to chase debts. Their methods often harm and pollute neighbourhood communities and loansharks may even resort to violence to get what they want.

Stay away from loansharks and not work with or assist them in any way.

Get help before it’s too late:

• Credit Counselling Singapore: 6225-5227 (www.ccs.org.sg)
  
• National Council on Problem Gambling: 1800-6-668-668 (www.ncpg.org.sg)
  
• ComCare: 1800-222-0000 (www.msf.gov.sg/comcare)

Crime Prevention Tips for UML

UML is a threat to the community and the Police is clamping down to eliminate this problem. However, community involvement is an important part of the strategy against UML. Here are some measures you can adopt to help reduce the problem.

Good neighbourliness goes a long way – report all loansharking activities and suspicious individuals in your neighbourhood. Detailed descriptions will help us solve the case much faster. The public can call the Police at ‘999’ or the X-Ah Long hotline at 1800-924-5664 if they suspect or know of anyone who could be involved in loansharking activities.

Join the Citizens on Patrol – these are neighbourhood community groups that help patrol and watch out for each other.

For Employers of Foreign Domestic Workers (FDWs)

You can protect your FDW from falling prey to unscrupulous loansharks or UMLs by doing the following:

• Instruct your FDW to stay away from loansharks and not to assist them in any manner.
  
• Warn your FDW of the severe consequences if they are caught assisting the loansharks in illegal activities. Their work passes will also be revoked.
  
• Members of the public may also call the National Crime Prevention Council’s X-Ah Long hotline at 1800-924-5664 if you suspect your FDW to be involved in any UML activities.

Crime Prevention Tips for Loan Scam

The Police would also like to caution the public against loan scams, which have possible links to UML.

Members of the public should take note of the following:

• A licensed moneylender is not allowed to make any cold calls or send any unsolicited text messages to members of the public.
  
• The licensed moneylender is obliged under law to verify the identity and particulars of the borrower at its approved place of business. The licensed moneylender cannot approve or grant a loan to a borrower remotely. The address of each licensed moneylending office is published on the list of licensed moneylenders on the Ministry of Law’s Registry of Moneylenders website at https://rom.mlaw.gov.sg/information-for-borrowers/list-of-licensed-moneylenders-in-singapore/.
  
• A licensed moneylender will not ask a loan applicant to make any payment before the disbursement of the loan, or to make any payment to secure the disbursement of the loan. This includes GST, “admin fee”, “processing fee”, or any other fees. An administrative fee may be charged by the licensed moneylender after the loan has been granted, but this will usually be deducted from the loan principal that is disbursed to the borrower.

Problem Gambling Rates Singapore Promotion

Members of the public are advised to take the following precautions with regard to such scams:

Problem Gambling Rates Singapore Today

• Ignore such advertisements. Do not reply to these messages. Instead, block or report the number as spam on WhatsApp or through third party applications.
  
• Do not give out your personal information such as NRIC, SingPass or bank account details to anyone.

Problem Gambling Rates Singapore Currency

If you wish to provide any information related to such scams, please call the Police hotline at 1800-255-0000, or submit it online at www.police.gov.sg/iwitness. If you receive a cold call or unsolicited text message asking if you would like to take up a loan, call the anti-scam helpline at 1800-722-6688 to verify. Visit www.scamalert.sg to find out more about loan scams.