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Gambling in Malaysia

 
http://www.asiaplate.com/photo/flag/Malaysia.jpg Currency : Ringgit (RM)
Language : Malay, English, Chinese, Tamil
Population : 11 million
Continent : Asia


Being a Muslim country, gambling in most forms are legal throughout the country with the local Muslims being prohibited to take part in the gambling activities. Malaysia offers casino gambling, slot machines, lottery and horse racing. In 2000, gambling arcades with machine games like electronic horse racing was banned as the government claimed that these were bad influence to the country's youth.

As for the casino gambling, there is only one and only legal casino in Malaysia called the Genting Resorts World. However, the casino is huge enough to attract its people and neighboring countries such as Singapore, Thailand and China due to its large variety of table and card games.

Online gambling is prohibited in Malaysia. There is no license provided by the government for setting up of internet gambling sites in the country. Special measures are also carried out to prevent Malaysians from online betting and to ensure that they do not use foreign internet gambling sites which are widely available in the internet. However underground bookies are still very active within the country and cause enormous problems to the society especially when students are widely involved in gambling.

On top of the above measure, Malaysian banks are also prohibited from authorising transactions to and from an online gambling websites including Skrill. The same applied to credit card (Visa or Master) as no deposit and withdrawal are allowed. However, these was hard preventing Malaysians from online betting when payment can be made in credit terms. The credit terms was introduced by underground bookies to tackle the money transaction restriction where by the punters are given a certain amount of betting limit without any upfront. They consolidate the account (collect their winning or pay their losing) twice a week, normally on Monday and Thursday. But... it is not safe to bet with them. Underground bookies have only one goal - to make money and they tent to deny your bet when you have won. Thus many have turned to online license bookies such as Bodog88 or Bet365.
 

Best Deposit / Withdrawal Methods For Malaysian

 

Method

Description

Fee

Process Time

Limits (Euro)

EntroPay

EntroPay

Free

Instant

Min: 10
Max: 40000

NETeller

Neteller

Free

Instant

Min: 5
Max: 40000

click2pay

Click2Pay

Free

Instant

Min: 40
Max: 99999

Ukash

Ukash

Free

Instant

Min: 1
Max: 750

Paysafecard

Paysafecard

Free

Instant

Min: 5
Max: 1000

Wire Transfer

Wire Transfer

Free

2-10 Banking Days

Min: 200
Max: 40000

cheque

Cheque

Free

5-28 Banking Days

Min: 150
Max: 40000

 
 



lim goh tong

The father of Genting Highland

Tan Sri Dato Seri Lim Goh Tong was the founder of Genting Group and Star Cruises.

The Malaysian Chinese businessman was renowned his vision and courage in transforming an unexplored hilltop into one of the world's most successful casino resorts.

The once richest man has a greater vision of world resort genting to build casino in every corner of the world.
 

Malaysia Casino


Genting Highlands
- the only casino in an Islamic country was founded in 1965.

Also known a Resort World Genting, it is operated by Genting Malaysia (3182.KL).

Genting Highlands has 426 table games and 3140 slot machines/video poker games.

The casino main customer are from the regional countries such as China, Singapore, Thailand and Indonesia.
 

Malaysian Favorite



 


Bodog88 Sports
 

 
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