A Few Facts About Singapore Pools That You Might Not Know
If you’re a Singaporean, you’ve probably tried your hand at 4D and TOTO, or at least know what they are. But how much do you know about the establishment that brought you these betting games? Here are a few facts about singapore pools that you might not know.
Founded on 23 May 1968, Singapore Pools was set up as a practical and realistic government response to combat illegal gambling by triads and bookies. Providing safe and trusted betting, it has been a critical part of tackling the problem of risky gambling that is detrimental to society. Despite the success of Singapore Pools, illegal bookies still operate but do not have the same scale as those run by Singapore Pools.
With an average of around S$6.3 billion a year collected through its lotteries and sports betting, the organisation distributes close to 70% to winners. The remainder is channelled to the Tote Board, which allocates funds to arts, community development, charity, education and sports sectors.
A large part of the company’s operations have gone digital in recent years to stay ahead of emerging gaming trends and ensure compliance with strict regulatory standards. But their IT infrastructure was ill-suited for managing the volume of data they generated, and it took a long time to identify complex issues during outages or performance degradation.
The organisation turned to OCI to help them manage their IT infrastructure more effectively. By using OCI’s intelligent unified platform to analyse and correlate data from different systems, they are able to quickly identify the root cause of issues. This also allows them to resolve problems in a more timely manner.
In addition, OCI has helped the company to boost its security posture by enabling them to deploy more secure access controls and enforce stronger password requirements. The platform has also reduced maintenance costs by automating routine tasks and facilitating the rapid deployment of new features.
One of the highlights of Singapore Pools is its commitment to be a “Company for Good”. In 2018, they established iShine Cloud, a non-profit IT social enterprise that provides other charities with an integrated suite of charity-specific solutions via a secure cloud-based IT platform at a subsidised rate. This enables them to improve the productivity, governance and efficiency of their operations so that they can better serve their beneficiaries.
The iShine Cloud platform is also used to support other non-profit organisations in their digital transformation efforts. For example, in a bid to support the COVID-19 crisis, the agency was able to unlock additional capacity for its customers by running iShine Cloud on an AWS Virtual Private Cloud. This allowed it to continue delivering its services without interruption, even as its other customers suffered from the global cloud computing shortage.