Singapore's gaming tax revenue saw a significant increase in the 2026 fiscal year, reaching a total of S$3.6 billion, representing an annual growth of 11.91 TP3T. This figure was revealed in the latest annual report released by the Inland Revenue Authority of Singapore (IRAS).
According to the annual report, gaming tax accounted for 3.71 TP3T of national tax revenue, reflecting the importance of the gaming industry in Singapore's economy. IRAS data shows that a total of S$97.3 billion in taxes was collected that year, representing approximately 74.71 TP3T of government operating revenue and 12.31 TP3T of GDP.
Gaming tax revenue includes gaming tax and casino tax, but IRAS does not publish specific figures for these two taxes separately. Singapore uses a differentiated casino tax rate, dividing taxpayers into "high-rollers" and "regular players." High-rollers are defined as customers who open a minimum deposit account (S$100,000) at a casino.
Tax Rate Details
The tax rates are tiered based on gaming revenue for a calendar year: in Tier 1, high-net-worth players with gaming revenue below S$2.4 billion are taxed at 81 TP3T, while regular players are taxed at 181 TP3T; in Tier 2, the tax rate rises to 121 TP3T for high-net-worth players with revenue exceeding this amount, while regular players are taxed at 221 TP3T.
IRAS states that if casino operators fail to meet the development goals of integrated resorts, the higher 12% and 22% tax rates will apply directly during the period of non-compliance with relevant obligations.
Unlike casino betting, sports betting, lotteries, and sweepstakes are taxed differently. This difference demonstrates Singapore's meticulous regulation of the gaming industry.
With the continued development of the gambling industryBetting ScoutsWe will closely monitor market trends and uncover potential investment opportunities and industry changes.
common problems
What is the growth rate of Singapore's gaming tax revenue?
For the fiscal year ending March 31, 2026, Singapore’s gaming tax revenue growth rate is 11.91 TP3T.
What percentage of Singapore's total tax revenue is gaming tax?
Gambling tax accounts for 3.71% of total tax revenue.
What defines a high-level player?
High-end players are those who open a minimum deposit account (S$100,000) at the casino.
What are the policies regarding the collection of gaming tax in Singapore?
Singapore implements a differentiated casino tax rate system, applying different rates to high-end players and general players, and adjusting the rates based on the size of gaming revenue.
