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In a Gambling Utopia: Malaysia

The Malaysian government doesn’t seem to have learned a whole lot from the example provided by other nations, at least where control over the online casino gambling industry is concerned. Internet gambling is strictly illegal in Malaysia and the government has spent a lot of money hunting down the illegal gambling groups and prosecuting those involved in the illegal gambling rings. The only problem is, more gambling rings just continue to crop up under the government’s radar. This has led the government to actively begin a process of blocking financial transactions much like the US’s flawed and controversial UIGEA attempts. The UIGEA is a huge failure in the US market and online casinos have just found more sophisticated ways to circumvent the transaction restrictions.

This hasn’t stopped the nation from proceeding with the efforts. Online casino gambling in Asia is largely unaccepted and the governments have taken great measures to really censor what gamblers are able to access via the Web. The online casino gambling industry is seen as a societal ill in much of Asia because of a media-propagated correlation between the internet gambling sites and high problem gambling levels.

The Malaysian news has been full lately of the police busts of these gambling groups; it is a pretty dangerous market out there for the online casino gambling ring operators. The government is on a witch hunt of sorts and has every intention of following the internet gambling issue aggressively until the illegal activity is eradicated or until new legislation passes through. Like other markets, there is a fair bit of money that could be made from Malaysian online casino gamblers, but even more pointedly, from a legal Malaysian betting market.