![]() ![]() The country gave Ascot Sports a licence to run sports betting in Malaysia. It was estimated that Malaysia’s illegal sports betting totals to about 20 billion ringgit annually. ![]() Profit loss means lesser tax revenues for the government. This restriction gave rise to illegal gambling and the eventual decline in the profit of legal casinos and gambling entities in Malaysia. These minorities are not under the Sharia Law and are permitted to bet on lotteries and horse races only. ![]() Non-Muslim locals in the country include Indians and Chinese. A large part of its population are Muslims covered by the Sharia Law that prohibits any form of gambling. In Malaysia, gambling remains a political issue. Malaysia, a Muslim country, allows non-Muslims to bet on casinos and international sports events to somehow earn money through taxes and in a way put a stop on illegal gambling. As licenced gambling operators rake in money, they also need to pay taxes. Gambling is a multi-billion dollar revenue that benefits the government. Top 4 Sports Betting Sites In Malaysia Brandīonuses only available until MIDNIGHT Thursday December 7th 2023 – Do NOT miss out, Get your Bonus NOW!
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