This surge underscores the gaming sector’s pivotal role in national security, ranking second only to the banking sector during a year when overall reporting across all industries jumped nearly 30%.

According to the 2024 annual report from the Singapore Police Force’s Commercial Affairs Department (CAD), casinos submitted 10,261 STRs, accounting for 11.9% of the national total of 85,988. While banks remained the top contributors due to Singapore’s status as a global financial hub, the high volume of reports from casinos highlights a sector on high alert. The CAD attributed this sustained growth to increased vigilance and a heightened awareness of money laundering and terrorism financing risks outside the traditional financial sector.

Beyond STRs, casinos also managed a massive volume of Cash Transaction Reports (CTRs). In 2024, CTRs reached 457,459, significantly surpassing pre-pandemic levels. Singapore's anti-money laundering framework mandates that any cash transaction of SGD 10,000 (approx. USD 7,800) or more—including chip purchases or winnings payouts—must be reported within 15 days. These strict mandates ensure that casino floors serve as a primary defense against illicit financial flows, providing authorities with the data needed to disrupt criminal networks effectively.