Illegal Online Gambling Is Big Business In Malaysia

Gambling rings making almost RM8 billion a year despite active enforcement efforts

Due to energetic police enforcement efforts, Malaysia has become a risky area for illegal online gambling operators, but it remains a lucrative and tempting business with yearly revenues estimated at RM 7.9 billion, according to a weekend report in the publication Metro Ahad.

Much of the illegal betting is carried out online through makeshift internet cafes concealed behind other businesses, and tip-offs are often the first indication police have of an illegal enterprise.

In its estimate of the illegal market's value, Metro Ahad factored in the RM 10,000 daily profit made by online bookies based on statistics from the 2,167 raids carried out by authorities at illegal premises nationwide in March 2014 alone. The real figure is probably substantially bigger.

A senior officer with the federal police's D7 (secret societies, gambling and vice) unit, Senior Assistant Commissioner Roslee Chik, told Metro Ahad that with start up capital of RM 50,000, bookies can take in between RM 7,000 to RM 10,000 a day in a small premises and with few customers.

But most of the syndicates have regular customers and can draw around RM 15,000 a day, he said.

The majority of bookies use cyber cafe licenses, snooker centres, and even restaurants as fronts for their illegal activities, he revealed.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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