Overview of FY 2024/25 Turnover
Singapore Pools announced strong financial results for the financial year 2024/2025, reporting a turnover of S$12.7 billion. This marks a rise from S$12.2 billion in the previous year, reflecting continued demand for a regulated, responsible form of gaming in Singapore. The company highlighted how the majority of this turnover is returned to the public through prizes, duties and taxes, and community contributions.
What the Numbers Break Down To
Of the S$12.7 billion turnover, approximately 97% was returned to the public. Specifically, S$9.45 billion went to prize payouts, directly supporting players who matched winning combinations. In addition, S$2.28 billion contributed to betting duties and taxes, while S$575 million was directed to the Tote Board, supporting broader national causes. The remaining S$353 million, or about 3%, covered operating expenses for the year. This breakdown underscores Singapore Pools’ model of balancing entertainment with social responsibility and financial stewardship.
Community Giving and Social Impact
Beyond daily operations, Singapore Pools has reinforced its commitment to community welfare. The company reported more than S$2.4 million in direct support to community initiatives during the year, benefiting 230 charities and community initiatives. In a collaborative effort with partners, an additional S$1.75 million was raised for charities, expanding the pool of resources available to social service organizations across the country.
Employee and Volunteer Engagement
The organization also emphasized its social engagement programs. It organized 163 volunteering activities during the financial year and supported 230 charities and social service agencies. Staff involvement was notable, with more than 7,589 volunteering hours completed and a staff volunteering rate of 53.7%, indicating strong internal participation and a culture of giving back to the community.
Operational Excellence and Future Outlook
With the majority of turnover returned to players and public initiatives, Singapore Pools continues to operate under a framework focused on responsible gaming, transparency, and community support. The financial results illustrate a sustainable model where entertainment coexists with social programs and national support structures, such as the Tote Board.
Implications for Stakeholders
For players, the operational model maintains a trusted platform for lawful wagering with transparent prize and tax contributions. For the government and the Tote Board, the steady flow of betting duties and charitable contributions supports social services and community projects. For charities and social service agencies, the year’s fundraising and volunteering activities expanded opportunities to deliver services, aid, and community development across Singapore.
Conclusion
The FY 2024/25 results position Singapore Pools as a stable, community-focused entity within Singapore’s regulated gaming landscape. With a significant portion of turnover returned as prizes and public contributions, the organization demonstrates how gaming enterprises can align entertainment with social good, exiting the year with strong financial health and a clear commitment to local communities.
