The iGaming industry is developing rapidly, but some countries are not ready to legalize modern entertainment. Problems with gambling permits arise due to religious or political reasons. As for Malaysia, online betting is on the verge of legalization and prohibition. The country’s authorities are in no hurry to make decisions, although locals are interested in using modern entertainment.

Foreigners who established international relations with the Malaysian authorities introduced varieties of classic gambling. Thus, locals learned about lotteries and other similar entertainment. Today, the industry is divided into several areas that are at different stages:

• Casino games. Slot machines attract little attention because the authorities cannot establish clear regulations. Despite the absence of permits for the operation of such establishments, 1xBet online casino has received a license from a local government agency. Thanks to this, players can place bets in compliance with the law.
• Lotteries. Malaysians use the offers of several private providers and visit illegal platforms. According to experts from Agbrief, the profit from illegal gambling is 63% higher than the results of legal lotteries. Despite the fact that such entertainment is available from both state-owned and private companies, the uncontrolled market segment is regularly growing.
• Horse Racing. Betting on the outcome of horse racing is legal. Suppliers entering the market and proposing services to local residents join the organization of competitions. However, the choice of other disciplines is limited, so most players register on foreign websites.
• Betting. The absence of clear standards and the possibility to use offers from Foreign Service providers have led to a difficult situation. International regulators protect the interests of users, while local ones do not issue work permits.

The lack of attempts by the authorities to establish control over the entertainment sector seems illogical. Every year, illegal providers make a considerable profit by offering a variety of services. At the same time, the state continues to use outdated laws from 1952 and satisfy the requirements of supporters with a conservative perception of iGaming offers.

The losses caused by the refusal to revise the adopted regulations seem to be a rather convincing argument in favor of introducing more freedom. Players continue to use illegal portals, which significantly increases the risks. Since it is impossible to stop the growth of demand for services, it is worth listening to the opinions of supporters of sports betting and other online entertainment.

Ways to improve the situation in the online betting industry 

Malaysian fans support the national team during international competitions. To do this, they use semi-legal platforms that, on the one hand, are internationally recognized, and on the other hand, are banned in the country. Despite the difficulties associated with the need to amend the rules, the legalization of the gambling business has many advantages:

• Generating additional revenue. Establishing a local authority to control the activities of gambling websites will increase taxes. How to use the profit is a separate issue, but it would be beneficial for Malaysia to receive more profit.
• Improved control of addiction. The legalization of iGaming leads to the need to create a new body that would control the involvement of players. The results of the Netherlands, which help players avoid addiction, can serve as a good example. Creating a registry to handle user complaints and support would help create a safe environment.
• Attractive conditions for investors. The development of the industry is unstoppable, and its rapid pace is the best evidence of this. To attract the attention of foreign investors, it is necessary to create loyal conditions for their appearance on the local market. Examples of other progressive countries, which are considered by Oneesports experts, show that the industry’s potential can and should be used.

Concerns about public perception and the lack of any solutions do not help stabilize the situation. More and more players who could potentially bring profit to the state are discovering progressive foreign platforms. At the same time, users understand that the risk of losing money is quite high. Since there are no legal ways to monetize their knowledge, Malaysians have to look for this opportunity illegally.

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