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There is one primary law that regulates gambling in Malaysia: the Betting Act of 1953. It’s gone through a number of amendments since then, mostly notably in 2006 when it added stricter penalties for those caught gambling at unlicensed venues. It classifies this as “unlawful” betting. Approved and licensed gambling is permitted, as clearly noted in the Act, and there is also a privately-run lottery, which was initially owned and operated by the government before being sold off.
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Note, since online gaming is not regulated, or the laws are not enforced, it’s a good idea to use alternative payment options for your online gaming endeavors. After all, using credit or debit cards at online casinos exposes you. The authorities can easily get a hold of your banking information. Since online gaming is not legal per se, there could be some potential threats down the road. Then again, it’s up to you.
Generally, the gambling in Malaysia is controlled by the Malaysian Ministry of Finance. The online gambling in Malaysia still hasn’t been regulated. If to talk about online gambling license Malaysia doesn’t issue one, as literally Malaysia government is against it. So if you are searching for safe online casino Malaysia authorities approve, you will be disappointed. Also, you won’t find legitimate online casinos Malaysia players are allowed to access.
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