Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Working with the Banks

The recent news out of Malaysia is really quite riveting when looked at from a global perspective. The Malaysian police have really be cracking down on illegal online casino gambling in the Malaysian market with a lot of effort put forth to stop internet gambling. But apparently the Malaysian officials aren’t paying too much attention to the international online industry news from the foreign online casinos, particularly in regards to the methods of controlling the internet gambling industry. The Malaysian police announced a plan to work with the country’s national bank in an effort to stop internet gambling at the financial transaction level.

The only big problem with this announcement is the fact that this same solution has been tried by several countries, the US in particular, and it has failed spectacularly at adequately controlling access to the online casinos. The problem is, there are ways for individual gamblers to circumvent the banking controls by using other options for cashing out. Even with that in mind though, the Malaysian authorities are determined to implement this new method as a way to continue thwarting the online casino gambling industry’s presence in the Malaysian market.

One of the really interesting aspects of the situation is the fact that the prohibition of online casinos in Malaysia has had the same effect that it did in the US –it forced the industry deep underground rather than forcing the sites out of the market. The Malaysian government consistently asserts that the internet gambling sites are risky for citizens and invites crime, money laundering, and other undesirables into the country.