Singapore Betting Tax Revenue Jumps 11.9% to S$3.6 Billion

Singapore collected around S$3.6 billion in gambling duties and casino tax in FY2025/26, up 11.9% from the previous year and growing faster than the country's overall tax revenue.

Singapore's gambling-related tax revenue increased sharply in the financial year ended March 31, 2026, according to the latest annual figures released by the Inland Revenue Authority of Singapore (IRAS).

Revenue recorded under the betting tax category reached approximately S$3.6 billion, compared with S$3.2 billion in FY2024/25. This represents year-on-year growth of 11.9%.

The increase outpaced Singapore's overall tax collection. IRAS reported total tax revenue of S$97.3 billion for FY2025/26, up 9.4% from the previous year, supported by stronger economic activity and consumer spending. Gambling-related taxes accounted for around 3.7% of the total.

The category includes both gambling duties and casino tax, meaning the figures should not be interpreted as revenue from sports betting alone. IRAS does not provide a separate breakdown showing how much of the increase came from betting and lotteries and how much was generated by Singapore's two integrated resort casinos, Marina Bay Sands and Resorts World Sentosa.

Singapore's regulated betting market remains highly restricted. Singapore Pools is currently the country's only authorised betting operator and lottery promoter. Taxable activities include sports betting, horse racing, lotteries such as 4D and TOTO, sweepstakes and other authorised forms of wagering.

Under the current tax framework, sports and horse-racing betting are generally subject to a 25% duty calculated on betting revenue after winnings and GST, while several lottery and other betting categories are taxed at 30% under the applicable calculation method.

The 11.9% rise was also among the strongest increases across the main tax categories reported by IRAS. However, the authority did not identify a specific reason for the growth in gambling-related collections, making it difficult to determine whether the increase was driven primarily by higher betting activity, stronger casino performance or a combination of both.

The latest figures nevertheless underline the scale of gambling as a source of public revenue in Singapore. With the country maintaining a tightly controlled licensing model while collecting more from the sector, the FY2025/26 results suggest that regulated gambling continues to make a significant — and growing — contribution to government finances.