Malaysia looks to revamp its gambling laws

As concern grows in Malaysia due to illegal gambling, authorities are taking action to stop the activity before it gets worse. In order to do so, lawmakers are going to take a closer look at gambling laws and update the “obsolete” gambling framework.

Since the beginning of the year, police in Malaysia have raided a number of illegal gambling operations. The result has been the arrest of over 14,700 individuals and the seizure of more than $917,757.

The idea is to bring gambling legislation into the current century – most were written during the 1950s and 1960s.

Muhyiddin Yassin, Malaysia’s Home Minister, asserted during a recent Q&A that the laws need to be brought up to date because they don’t cover activity such as online gambling. Despite the absence of any regulatory framework, online gambling and digital betting have become extremely popular in Malaysia, as well as virtually everywhere in the world, over the past decade.

Via CalvinAyre.com