Malaysia Betting – The Current Trend

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Betters can find a heaven in Malaysia. Though, in 2006, the Betting Act 1953 was changed to outline gambling s an illegal activity, there are exceptions to the rules. There is the Lotteries Act 1952 and the Racing Act of 1961, which permits betting at sites which are known to the government. There is also the Common Gaming Houses Act of 1953, which allows the Finance minister to grant licenses to those businesses which are registered under the Companies Act of 1965. This rigid mentality of the government has given rise to underground betting activities, which often become difficult to control.  Malaysia Betting is attracting thousands and thousands of betters from all over the world. Internet gambling is also becoming popular among the masses and reports tell that hundreds of Sportsbook Malaysia like William Hill, Ladbrokes, Bet 365 and Paddy Power, do good business amidst the locals.

The various Master Card and Visa credit cards which are obtained in Malaysia are used for thousands of online gambling sites. There are also more than thousand betting sites which have NETeller incorporated in them. Singapore is closely located to Malaysia. Those law conscious citizens of Malaysia, who not want to break the rules of the country can cross the border over to Singapore, and participate in betting activities, where it is legally permitted.

Many newspapers and citizens of Malaysia are actively participating in Betting Promotions Malaysia. Some of the media houses report their association with pro-gambling and are urging the government to take out new gambling licenses. They are also demanding for new avenues in sports betting. The people in Malaysia also opine that the government should not interfere in people’s decisions to spend their money and make it legal for them to bet. They should have a call on how they want to spend their money. They also want that wagering on sportsbooks should be legalized.

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