Overview of FY 2024/25 Turnover
Singapore Pools has announced its financial results for the year 2024/2025, reporting a total turnover of $12.7 billion. This marks a rise from $12.2 billion in the previous financial year, reflecting steady demand for its gaming and betting services. The disclosure was made on 8 October, underscoring the company’s role in Singapore’s entertainment and gaming landscape.
How Turnover Is Allocated
Of the $12.7 billion turnover, about 97% was returned to Singaporeans in various forms:
- Prize payouts: $9.45 billion, providing direct rewards to participants across products offered.
- Betting duties and taxes: $2.28 billion, contributing to public revenue and societal services.
- Contributions to the Tote Board: $575 million, supporting broader community initiatives through the board’s grants.
The remaining 3%—equating to $353 million—was allocated to operating expenses, covering the costs of running outlets, technology, and staff. This breakdown illustrates how the organization balances returns to players with the sustenance of its operations and public contributions.
Community and Charitable Support
Beyond its core gambling activities, Singapore Pools reiterated its commitment to social responsibility. During FY 2024/25, the group contributed over $2.4 million to community initiatives, benefiting 230 charities and social service agencies. An additional $1.75 million was raised with partners and directed toward charitable causes, reinforcing the collaboration between Singapore Pools and civil society to address community needs.
The company also highlighted its volunteerism as a key channel for giving back. It organized 163 volunteering activities in the financial year, enabling staff and partners to contribute directly to local communities. In total, more than 7,589 volunteering hours were recorded, with staff volunteering at a rate of 53.7%. Such figures reflect a sustained effort to translate corporate resources into tangible community impact.
Strategic Implications and Outlook
The FY 2024/25 results position Singapore Pools as a financially stable entity with a strong emphasis on social responsibility. Returning a large portion of turnover to prize payouts and public revenues aligns with the organization’s mandate to operate responsibly while providing entertainment options for Singaporeans. The ongoing contributions to the Tote Board and community partners demonstrate a broad-based approach to using gaming revenue for public good.
Looking ahead, stakeholders may watch for continued growth in turnover alongside sustained or increased investment in community initiatives. The balance between operational efficiency and social impact will likely remain a central theme in future reporting and planning.
