Singapore Pools Announces FY 2024/25 Turnover of $12.7 Billion
Singapore Pools has released its financial results for the year 2024/2025, reporting a total turnover of $12.7 billion. The figure marks an uptick from $12.2 billion in the previous financial year and underscores the company’s ongoing role in the local betting and lottery landscape.
Healthy Returns to the Public and Government
Of the $12.7 billion turnover, approximately 97% — or $12.3 billion — was returned to the public and government through various channels. Key components of this return include:
- Prize payouts: $9.45 billion to winners across products offered by Singapore Pools.
- Betting duties and taxes: $2.28 billion supporting Singapore’s fiscal framework.
- Contributions to the Tote Board: $575 million aiding national initiatives.
The remaining 3%, or about $353 million, covered operating expenses, reflecting the organization’s cost structure in delivering betting and lottery services.
Community Support and Charitable Contributions
Beyond returns to participants and the state, Singapore Pools highlighted its commitments to social responsibility and community development. The financial year saw:
- Over $2.4 million contributed directly to the community, benefiting 230 charities and social initiatives.
- A further $1.75 million raised with partners to bolster charitable causes.
- 163 volunteering activities organized by the group, engaging staff and partners in community service.
- More than 7,589 volunteering hours completed, with a staff volunteering rate of 53.7%.
These activities illustrate Singapore Pools’ broader aim to channel proceeds back into society, complementing the economic benefits of its gaming operations with tangible social impact.
Operational Focus and Outlook
While the turnover growth signals a steady demand for the organization’s offerings, the breakdown shows a careful balance between returns to players, government revenues, and the costs of running the business. The emphasis on community contributions and volunteering also aligns with broader public expectations for responsible gaming operators to reinvest in society.
What This Means for Singapore
For policymakers and stakeholders, the FY 2024/25 results demonstrate a reliable stream of duties and tax revenues, alongside a robust program of charitable giving and employee involvement. The figures suggest that Singapore Pools continues to play a dual role: providing entertainment through gaming avenues while supporting social welfare initiatives across the country.
Key Takeaways
- Turnover rises to $12.7 billion year-on-year.
- Nearly all turnover is channeled back to the public and state through prizes, duties, and Tote Board contributions.
- Community engagement and volunteering are integral parts of the organization’s mission.
As Singapore analyzes its gaming landscape, Singapore Pools’ FY 2024/25 results offer a clear snapshot of how a state-linked lottery and betting operator can sustain growth while prioritizing public benefit and social responsibility.
