In recent years, the Malaysian population has begun enjoying the luxury of online casinos. Of late, the popularity of online casino games in Malaysia has been rising dramatically. This is due to the fact that all forms of gambling have been declared illegal by the Betting Act 1953 and the Common Betting Houses Act 1953, unless licensed by the state.
However, the online gambling industry has opened a portal to the Malaysian people, giving them access to the bountiful world of betting. There have been rumors emerging lately that the Malaysian authorities are mulling over the idea of legalizing and regulating online gambling. Who knows what the future has in store for Malaysian casino supporters.
Gambling in Malaysia
Gambling in Malaysia is strictly prohibited by the Betting Act 1953 and the Common Betting Houses Act 1953. The only exceptions to this rule are lotteries and placing bets on horses. This is thanks to the Lotteries Act 1952 and the Racing Act 1961. Betting on horse racing is allowed, but only at a physical horse race. The only other exception is a company that has been registered under the rules of the Companies Act 1965, who can obtain a license for operating a casino.
One of the reasons behind such strict prohibition of gambling in Malaysia is due to the fact that over 60% of the population is Muslim. The Malaysian Constitution makes Islam the mandatory religion for all ethnic Malays. This makes 60% of the population in Malaysia subject only to the Sharia Law.
Realistically speaking, the Betting Act 1953 and the Common Betting Houses Act 1953 only apply to the non-Muslim part of the population. This is because the Sharia Law is the only law that governs people of Islam faith, which means that laws of the Lotteries Act 1952 and the Racing Act 1961 don’t apply Islamic Malays. Betting in any way, shape, or form, is strictly prohibited to them.
Gambling is forbidden by Islamic law on the grounds that the agreement between participants is based on immoral inducement provided by entirely wishful hopes in the participants’ minds that they will gain by mere chance, with no consideration of the possibility of loss.
Malaysian-Friendly Payment Methods
While land-based betting is strictly regulated by the government in Malaysia, the online world of gambling has a diverse range of recreational activities to offer Malaysian citizens. Many online casinos accept players globally and in accordance, provide a wide variety of payment methods.
We advise you to choose the best option by taking into consideration possible fees, minimum and maximum deposit/withdrawal requirements. Also, some methods are for depositing only, so make sure you have a suitable option for requesting withdrawals at an online casino before making a deposit.
Bonuses and Promotions for Malaysian Players
When choosing an online casino, one of the main factors are the bonuses that it has to offer. Many online casinos have generous promotions for new players as well as loyal players. You want to look for an online gambling domain that provides a range of fruitful rewards to its customers.
But always keep in mind that with these bountiful bonuses come certain wagering requirements and rules. Always read the terms and conditions extensively to make sure you are not getting scammed.
Key Bonus Terms and Conditions
Minimum deposits are usually required before one is eligible to claim a bonus offer. Sometimes the minimum deposit required for a promotion is larger than the minimum deposit required to play at the casino.
These are usually attached to all kinds of welcome promotions, free spins, and no deposit bonuses. Online casinos set a fixed playthrough to either the bonus amount or the bonus amount and the original deposit. Players are not permitted to withdraw any of the winnings derived from the promotional offer until they have completed the playthrough. If you were to request a withdrawal before the wagering requirement is fulfilled, you could end up losing your bonus as well as the winnings that you have made using it.
Wagering requirements usually have a game weighting scale to go with them, as not all casino games contribute equally to the playthrough. Generally, only slots, keno, and scratch cards contribute 100% to the weighting requirements. It is a good idea to check these things before claiming a bonus.
4Bonus Validity Period
Promotional offers tend to have expiry dates. Depending on the wagering requirements, players could have 24 hours or even a week to complete them. You need to sit down and work out whether or not you will have enough time to fulfil the playthrough before your time runs out.
Popular Software Providers
Software providers are another important thing when choosing which online casino to play at. The software and game portfolio at virtual casinos are usually provided by third parties. There are many software suppliers in the industry, some more renowned than others. Knowing a bit of background history about software providers is an advantage to players. You will know what kind of games, quality, and features to expect.
Here are a few of the software providers you may have stumbled upon as Malaysian players. These are a few of the more popular names in the industry, and you know you are in for a good time with these guys.
Top 10 Online Casinos for Malaysian Players
Online casinos are growing rapidly in number. This makes it harder for people to find trustworthy, reliable virtual gambling domains for players to enjoy. There are a number of things that you need to take into account when choosing your online casino – software providers, game library, banking methods, currencies available, customer service, and more. We have selectively hand-picked these top 10 online casinos to suit Malaysian players.