Online Casino Malaysia 2023- The Number of Players is Growing Sharply
Online Casino Searches on the Rise in Malaysia According to Google Trend DataAccording to a new Google Trends report, online casino searches in Malaysia have experienced a significant surge in popularity over the past few months. The data, which covers the period from January 2022 to March 2023, reveals that interest in online casinos has increased by 75% during this time.
The report shows that the majority of online casino searches in Malaysia are coming from the states of Kelantan, Terengganu and Sabah. Additionally, the top search keywords related to online casinos include "online casino Malaysia", "best online casinos in Malaysia" and "online casino promotions". Our research indicates that this particular keyword is searched up to 27,100 times per month.
Experts suggest that the surge in online casino searches can be attributed to the growing popularity of online gambling in Malaysia, which has been accelerated by the COVID-19 pandemic. With more people staying at home due to social distancing measures, online casinos have become a convenient and accessible form of entertainment for many Malaysians.
According to AskLegal.my, players technically are not breaking any Malaysian laws if they gamble online,because most, if not all online gambling sites are hosted in other countries. From https://asklegal.my/p/malaysia-illegal-gambling-betting-genting-chinese-new-year
One of the easiest ways for players to search an offshore hosted online casino is through Search Engine. Below are the most searched online casinos from the last 12 months throughout the recent study.
Most Popular Local Based Online Casino:
1. BD882. BK8
3. Dafabet Malaysia
4. W88
5. CMD368
Most Popular Foreign-based online casinos:
1. Cobra Casino2. Royal Panda
3. BitStarz Casino
4. PlayOJO
5. 888 Casino
Challenges of Online Casino in Malaysia
As online casinos are prohibited from advertising on social media, Google, or newspapers in Malaysia, many platforms offer substantial welcome bonuses to attract local players.To entice more users, some online casinos provide appealing incentives and rewards to its players. Reputable casinos offer a variety of perks to their customers, such as the 300% Welcome Bonus provided by BD88 for local players. To attract new users, some casinos showcase attractive welcome packages, with no deposit bonuses being the most sought-after type of promotion.
In order to enhance the casino experience for its players, online casinos seek out additional bonuses. By implementing creative promotional offers, the casino provides an exceptional gaming experience to its patrons.
What was the difference between playing Local Based Online Casino and Foreign-based online casinos ?
1. Payment methodsForeign-based online casinos may only accept payments using few payment methods, while local-based online casinos may offer a wider range of local payment options, including methods like TNG E-wallets, credit cards, FPX transfer or local bank online transfer.
2. Currency
Playing at a locally-based online casino in Malaysia, you would typically use Malaysian Ringgit for your deposits and wagers. Conversely, if you're playing at a foreign-based online casino, you may need to use another currency such as USD or other country currency depending on the accepted payment methods.
3. Legality
Both Local and Foreign based online casinos are illegal in Malaysia. While some foreign-based online casinos may legally operate in their home country, they are still operating illegally in Malaysia if they are offering their services to Malaysian residents.
4. Games
Local-based online casinos may offer games that are popular in their region, for example BD88 new launch “Aviator Game” in Malaysia while foreign-based online casinos often offer a wider range of games, including popular titles from different parts of the world.
In Malaysia, online gambling is regulated by the government under the Common Gaming Houses Act 1953 and the Betting Act 1953. These laws make it illegal to operate or participate in any form of gambling activity within the country, including online casinos.
However, despite the strict laws against online gambling, there are still many offshore online casinos that accept Malaysian players. To combat this, the Malaysian government has taken steps to block access to these websites by working with internet service providers to block access to these websites.
In recent years, the Malaysian government has introduced new laws to regulate online gambling more effectively. In 2021, a news report from the New Straits Times stated that Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin proposed to the Finance Ministry to draft a bill that would enable the issuance of licences for online gambling. The reason for this proposal is that the government is unable to collect taxes if licences are not issued to online casinos in Malaysia. From https://nst.com.my/news/nation/2021/11/745549/govt-mulls-legalising-online-gambling
As the popularity of online casinos continues to rise in Malaysia, experts are calling for increased regulation to ensure the safety of players and prevent the negative effects of gambling addiction.