Regulation Authority to Introduce New Guidelines for In-Game Goods Bartering in Singapore
Singapore's Gambling Regulatory Authority Proposes Changes to In-Game Prize Trading Rules
Singapore's Gambling Regulatory Authority (GRA) has proposed updates to its Remote Games of Chance (RGOC) licence framework, aiming to allow Type 2 RGOC licensees to establish in-game marketplaces where players can trade prizes for cash or equivalent value [1].
Currently, operators are prohibited from providing services where prizes can be readily converted into money or equivalents, except when the value is used within the same or related games for in-game transactions [1]. The proposed amendment to Paragraph 3(b)(iv) of the licence framework would lift this restriction, permitting licensees to run official in-game marketplaces.
However, licensees would be barred from buying back prizes from players, preventing guaranteed monetization or “gambling inducement” [1]. This restriction is intended to maintain a balance between integrating in-game prize trading within a regulated environment and safeguarding against gambling risks.
The GRA has identified that player trading of items like stickers, graffiti, weapons, and skins typically happens through third-party platforms since the current law forbids licensed operators from such marketplaces [1]. The changes reflect that these trading activities do not raise law-and-order or social concerns, prompting the consultation.
The public consultation period for these proposed changes was open until 20 August 2025 [1]. The developments were specifically announced in early August 2025 as part of Singapore's evolving regulatory framework for remote chance-based games [1][2].
In related news, Genting Singapore has appointed Lee Shi Ruh as its new President and COO, marking part of ongoing changes within Genting Singapore's senior leadership team [3].
References: 1. GRA Proposes Changes to RGOC Licence Framework 2. Genting Singapore Appoints New President and COO
Despite the proposed changes in Singapore's gambling regulations to allow for in-game prize trading, licensed operators will still be prohibited from buying back prizes from players, maintaining a balance between regulation and gambling risks. Interestingly, these changes come at a time when Singapore's Gambling Regulatory Authority is modernizing its approach to remote chance-based games, including sports gaming.
