Is online lottery legal in Singapore?

Singapore has strict rules around gambling. Only licensed operators can offer regulated games to local users. Players should use official apps or websites and avoid third-party links. Check licensing, age verification, and privacy policies. When in doubt, contact customer support to confirm the channel is genuine before making payments.

How can investors spot a strong operator in this space?

Look for licensed operations, clear responsible play tools, and strong security. Review cohort retention, customer acquisition cost, and subscription share. Ask for third-party security audits, downtime history, and dispute resolution metrics. Solid payments coverage in SGD and fast, verified payouts are also signals of a mature platform with defensible economics.

What are common online lottery scam signs?

Red flags include unsolicited prize messages, requests for fees or gift cards, pressure to act fast, and links that mimic official pages. Verify domain names, never share one-time passwords, and use only official apps. If a message claims a win without a ticket purchase, it is almost certainly a scam.

Where could value accrue beyond operators?

Security and regtech vendors benefit as compliance demands rise. Payments gateways with strong risk tools also gain. Data analytics that reduce bonus abuse and improve approvals can lift margins. Investors can assess vendors by client retention, integration depth, and measurable impacts on chargebacks, fraud rates, and approval percentages.

Which metrics matter most for evaluating growth?

Track monthly active users, conversion rates, and retention by cohort. Monitor average order value, subscription penetration, and marketing payback periods. On risk, watch chargeback rates, fraud losses as a percent of sales, and manual review times. Consistent improvement across these indicators supports durable, profitable growth.

Global Market Insights

Online Lottery, February 7: $21.33B Growth Meets Rising Scam Risk

ByDanny Kontos February 7, 2026

Online lottery is set for strong growth, helped by digitization, mobile use, and Asia-Pacific demand. A new report projects US$21.33 billion in revenues by 2030 at a 9.6% CAGR, pointing to multi-year expansion for regulated platforms and vendors. At the same time, scam alerts are climbing, raising the bar for compliance and fraud controls. For Singapore investors, the opportunity sits with secure mobile-first operators, cybersecurity, and regtech providers that can meet strict standards while scaling across fast-growing markets.