RM5 billion illegal gambling ban ...Middle East

PETALING JAYA: The government is losing a staggering RM5 billion annually due to illegal gambling activities in the country. According to Ravi Balakrishnan, a chartered accountant, tax consultant and lecturer at a private university, illegal gambling – both physical and online – has many negative effects. “A few countries such as Japan are looking into legalizing online gambling under specific rules and locations while increasing enforcement to stamp out illegal activities. “In Malaysia, controls are in place for “Number Forecast Operators”, which provide the government with revenue,“ he said, adding that there must also be active enforcement to eradicate illegal gambling operators, that a

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Last updated : 27 Dec 2023 clock 11:40 AM

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RM5 billion illegal gambling ban ...Middle East

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