Pages

Football clubs' jackpot funds need strict checks: MHA

Football clubs' jackpot funds need strict checks: MHA
The Ministry of Home Affairs (MHA) has reminded Singapore Premier League (SPL) clubs holding permits to operate jackpot machines to remain vigilant in their operations.
This comes after The Straits Times reported on Monday that a female employee from Hougang United - one of six SPL clubs running such operations - had been charged in court for allegedly misappropriating $278,200 from their clubhouse operations.
In response to ST's queries, an MHA spokesman said: "Following the fund misappropriation case at Hougang United Football Club, MHA has reminded all permit holders to be vigilant in their overall governance, processes and procedures, including maintaining accountability and checks and balances in their financial matters."
To operate fruit machines, clubs need to be granted a permit under the Private Lotteries Act, which is to be renewed annually provided a host of conditions are met.
One such condition is that clubs are required to open and maintain a separate bank account for jackpot revenue and maintain proper accounting records in that account.
Others include applying social safeguards, such as not allowing anyone under the age of 21 to enter the fruit-machine room, and installing closed-circuit television (CCTV) cameras to provide continuous recording of activities in the room.
Permits issued to clubs may be revoked if there are breaches of any of these conditions.
Presently, six of nine SPL clubs - Hougang, Albirex Niigata, Balestier Khalsa, Geylang International, Home United and Warriors FC - run jackpot operations at their respective clubhouses.


  • 6 of 9




  • Singapore Premier League clubs runningĂ‚ jackpot operations at their clubhouses.


Depending on the size of their clubhouse operations, they can hold a few hundred thousand dollars in cash for winner payouts.
Clubs ST spoke to said that, in addition to applying MHA guidelines, they also have stringent standard operating procedures to prevent the misappropriation of cash, or detect it if it happens.
Home, who run 23 machines at their clubhouse at the Bishan Sports Hall, conduct regular audits and surprise checks on employees.
Said a club spokesman: "We have in place a stringent system of checks and balances such as two-factor authentication, segregation of duties and daily report requirement for cash management.
"These initiatives are complemented by regular audits as well as surprise checks conducted."
Balestier, who operate eight jackpot machines at the Toa Payoh Stadium next to the club's administration office, keep a comparatively small sum of cash for payouts.
"The cashier's safe has a maximum of only $10,000 for daily operations," said club chairman S. Thavaneson.
"If there is a request by the cashier for additional cash as a result of large payouts, the club general manger will issue additional cash after verifying the payouts during the day."
"All cash balances, payouts, cash book are checked and reconciled at the end of each working day by the general manager," he added.
"Any discrepancy is immediately investigated and either corrected or reported to management for further action."
ST had reported that Malaysian Tean Tai Tee, the Hougang employee who was arrested and charged in court with one count of criminal breach of trust for having allegedly misappropriated $278,200, can be jailed for up to 15 years, and fined if convicted.



LOS ANGELES: David Beckham called his former team LA Galaxy his "family" and thanked Los Angeles for embracing him at the unveiling of his statue before the Major League Soccer club's season-opener on Saturday.
Soccer: Beckham salutes LA Galaxy and Los Angeles as statue



I told them to play the best football they could and they did. Champions League final - Kane starts for Tottenham, Firmino in Liverpool XI Live; From the section European Football; Read
Harry Kane: Tottenham striker 'ready' for Champions League



Football: Klopp plays down Liverpool fatigue concerns ahead of season run-in finish last year and it could come in handy as they approach another intriguing season finale. resolve the
Klopp plays down Liverpool fatigue concerns ahead of season



Villans ascend into EPL heaven LONDON • Aston Villa are back in the big time, £170 million (S$296.8 million) richer and free from the demons that have tormented them since they lost in the play-off final 12 months ago.
Villans ascend into EPL heaven - Virginia Bus
virginiabus.info/sports/villans-ascend-into-epl-heaven/
LONDON • Aston Villa are back in the big time, £170 million (S$296.8 million) richer and free from the demons that have tormented them since they lost in the play-off final 12 months ago. After three roller-coaster years in the Championship, the Villans returned to the Premier League after beating Derby 2-1 yesterday and how […]
Ascend - News Search - AIOIS - All-in-one Internet Search



Living abroad opens your eyes to other ways of life that you didn't know or have had the chance to appreciate before traveling. By learning about other cultures and appreciating them in the process, you will have a greater understanding of other peoples' points of view.
Do I take the leap and work overseas? UK advice wanted



The Prem clubs had backed the introduction of VAR for next term in November. But today's decision to use the available technology to keep match-going fans in the loop are a huge step forward. Refs' chief Mike Riley pushed the initiative believing that giving match-day fans the maximum possible information would ensure that decisions were
VAR is one of the best things to ever happen to football



Olivier Giroud seeks France return to boost game time Chelsea striker Olivier Giroud wants to move back to France when his contract expires at the end of the season after growing frustrated by a lack of playing time under manager Maurizio Sarri.
Chelsea's Giroud seeks France return to boost game time



KADIR YAHAYA News - Find latest News & top stories about KADIR YAHAYA. Get more information about KADIR YAHAYA at straitstimes.com. Latest KADIR YAHAYA | The Straits Times
Kadir Yahaya joins Tampines Rovers as an adviser



THE Premier League voiced "significant concerns" over potential reforms to the Champions League yesterday, saying the changes would damage the thriving domestic game. Reported reforms being
Premier League voices fears over proposed UCL reforms



The Pakistan national Football team represents Pakistan association football in FIFA-authorised events and is controlled by the Pakistan Football Federation, the governing body for football in Pakistan. Pakistan's home ground is Punjab Stadium, Lahore. Pakistan became a member of FIFA in 1948 joining the Asian Football Confederation. Pakistan's
Khash-Erdene Batbayar - Wikipedia



Football: Albirex Niigata still aim to win trophies despite squad overhaul - The Straits Times SINGAPORE - Keiji Shigetomi knows the magnitude of his task in his first senior appointment as head coach of reigning Singapore Premier League (SPL)
Football: National Under-22 team train in Japan ahead of AFC
usasportsradar.com/soccer/football-national-under-22-team-train-in-japan-ahead-of-afc-under-23-cship-qualifiers/
Football: Four Albirex Niigata players to watch in the 2019 Singapore Premier League ; Football: Albirex Niigata still aim to win trophies despite squad overhaul ; Football: Lions can 'play to strengths' Footballer Ben Davis fails to report for NS
Albirex Niigata's Yoshinaga dismisses title talks, focused on

0 comments:

Post a Comment