“taxable person” means a person liable to pay for any gambling duty under section 7;
“totalisator” has the meaning given by the Singapore Totalisator Board Act 1987.
(2) For the purposes of this Act, a person plays a game of chance if the person participates in a game of chance whether or not there are other participants in the game of chance, and whether or not a computer generates images or data taken to represent the actions of other participants in the game of chance.
(3) To avoid doubt, a person plays a game of chance for money or money’s worth if the person plays a game of chance and thereby acquires a chance of winning any money or money’s worth, whether or not the person risks losing anything at the game.
Meaning of “betting” and associated expressions
3.—(1) In this Act, “betting” means making or accepting a bet on—
- (a) the outcome of a race, competition, sporting event or other event or process;
- (b) the likelihood of anything occurring or not occurring; or
- (c) whether anything is or is not true.
(2) A transaction that relates to the outcome of a race, competition, sporting event or other event or process may be a bet within the meaning of subsection (1) despite the facts that—
- (a) the race, competition, event or process has already occurred or been completed; and
- (b) one party to the transaction knows the outcome.
(3) A transaction that relates to the likelihood of anything occurring or not occurring may be a bet within the meaning of subsection (1) despite the facts that—
- (a) the thing has already occurred or failed to occur; and
- (b) one party to the transaction knows that the thing has already occurred or failed to occur.
