Malaysia isn’t the first country that comes to mind when someone mentions online gambling. In fact, the nation has had a rocky relationship with internet-based gambling activity. And the rules and regulations surrounding it are shaky, to say the least.
Malaysia is a Muslim majority nation. And so, its residents (who follow Islam) are forbidden to participate in any form of online gambling under Sharia Law. Whereas their non-Muslim residents are exempt from this rule. Online gambling often has less regulation than land-based gambling. So which laws govern gambling in the Malaysian context?
Online gambling in Malaysia?
The laws surrounding gambling in Malaysia is a rather difficult topic to navigate. The country is a multi-cultural one. Apart from native Malaysians, the country comprises of people from all over the world, China and India especially.
The Betting Act of 1953 forbids and Native Malaysians, who make up around 60% of the population from taking part in any form of gambling. This also includes setting up of any kind of gambling houses.
Additionally, Malaysia’s population who is largely Muslim follows Sharia Law. This means that for them, gambling is strictly forbidden. Any deviation can result in a fine, jail time, or both. The rest of the residents who aren’t Muslim are exempted from the Betting Act, and this allows them to bet.
Permitted or Legal Gambling
Certain forms of gambling are allowed in Malaysia. The Lotteries Act of 1952 permits lotteries to run and the Racing Act of 1961 allows betting on horse races. But that is only if they’re physically present at the racecourse.
The Genting Highlands Resort is a legal gambling venue in Malaysia. But only non-Muslims can take part in any of the activities they offer.
Online gambling is a little more of a grey area. The aforementioned Betting Act of 1953 doesn’t explicitly mention anything about online gambling in specific. Online betting Malaysia, technically, is still illegal. But that hasn’t stopped the general public from setting up and running their own gambling websites, and rather successfully.
Gambling Websites In Malaysia
These websites do great and are popular amongst both Muslim and non-Muslim residents despite the laws surrounding them. The truth is, the internet is much harder to regulate, due to the presence of VPNs and proxy servers that protect the identity of users. But local online gambling websites aren’t incredibly common, for obvious reasons. While there are a couple of gambling websites based in Malaysia, such websites are scares, to say the least.
This has resulted in the Malaysian public embracing international gambling websites, which have in turn embraced them with open arms. Several overseas betting platforms accept the Ringgit, the local Malay currency. Now, Malaysians can make deposits and withdrawals and deposits without having to convert their money.
Online casinos are especially popular amongst Malaysians. Blackjack, poker, and roulette seem to be favorites. When it comes to sports betting, residents gravitate towards association football, especially European tournaments. Regardless of the laws surrounding betting, there seems to be no stopping Malaysians from finding a way to partake.
Malaysia Online Gambling Frequently Asked Questions
Which is the best online casino in Malaysia in 2020?
RescueBet is Malaysia’s leading provider of online gambling facilities. The platform provides users with comprehensive offerings including popular sports bookies, esports betting, live casino games, video slots as well as exciting fishing games that offer an entertaining way to win cash at every corner. The various site’s offerings provide limitless possibilities that are appropriate for players of any experience level and budget. Users get to experience the most popular games in a safe, reliable, and authentic environment that is geared to ensure maximum profits from online wagering.
What online casino in Malaysia offers a free bonus?
RescueBet operates a 24/7 online casino with live games available at any time. By utilizing RescueBet’s 100% free welcome bonus of up to MYR500, first-time bettors have a significant advantage over regular users. Users can log into the site at any time and from anywhere and play against other players from around the world in real-time. The platform offers table games such as baccarat, roulette, blackjack, and poker hosted by the most popular dealers in the world. Ensure that you select the promotion before making your deposit to avail of the welcome bonus and start winning extra cash.
How many casinos are there in Malaysia today?
Can we trust live casino Malaysia sites?
Online casinos are the perfect solution for fans of live casino games with no direct access to land-based casinos. Due to their high potential for revenue generation and popularity among bettors worldwide, there are now countless providers of online casino games, with new ones arising every day. Very few of these services are legitimate and licensed by the appropriate gaming authorities. Gamblers must be cautious in selecting a provider that offers verified, reliable, unbiased, and safe games in order to safeguard their bankroll as well as their future prospects.
Is It Safe To Keep Your Funds In An Online Casino?
It is absolutely safe to keep your money in an online casino provided that it is a licensed, reputable casino. A reliable casino service will always have SSL encryption to guard your provider wallet. This is the same system used by banks and other financial institutions to ensure the privacy and security of monetary assets. A genuine casino will also offer multiple popular deposit options to choose from. Users can also control daily expenditure and even in some cases set an automatic limit so as to safeguard funds in the case of a losing streak.