Singapore’s betting tax collection, including casino taxes and gambling duties, increased by 11.9% year-on-year to SGD 3.6 billion ($2.8 billion USD) for the fiscal year ending March 31, 2026.
Annual report data from the Inland Revenue Authority of Singapore (IRAS) shows a significant acceleration compared to the 1.7% growth recorded in the previous fiscal year (SGD 3.2 billion).
Key Fiscal Highlights
- Budget Share: Betting taxes generated 3.7% of Singapore's total tax collection of SGD 97.3 billion ($75.7 billion USD).
- Casino Operators: Revenue drivers include Singapore's two integrated resorts — Marina Bay Sands (Las Vegas Sands) and Resorts World Sentosa (Genting Singapore).
- Broader Growth: Overall tax receipts jumped 9.4% due to heightened economic activity and increased consumer spending.
IRAS combines casino tax and gambling duties into a single reporting line without breaking out individual sector figures.
