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ONLINE BETTING - LEGALISATION & REGULATION-THE WAY FORWARD by GURU DHILLON, ROBERT JEYAKUMAR, MUNAWIR RIDZWAN & NG YIH MIIN*

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ONLINE BETTING - LEGALISATION & REGULATION-THE WAY FORWARDbyGURU DHILLON, ROBERT JEYAKUMAR, MUNAWIR RIDZWAN & NG YIH MIIN*

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Page 1: ONLINE BETTING - LEGALISATION & REGULATION-THE WAY FORWARD  by  GURU DHILLON, ROBERT JEYAKUMAR, MUNAWIR RIDZWAN & NG YIH MIIN*

[2012] 1 LNS(A) ix

ONLINE BETTING - LEGALISATION & REGULATION-THE WAY FORWARD

by

GURU DHILLON, ROBERT JEYAKUMAR, MUNAWIR RIDZWAN & NG YIH MIIN*

MALAYSIA

Abstract

Purpose - The aim of this paper is to create awareness of the social ills and threats related to online

gaming which affect Malaysia and the International society such as money laundering via online

gaming and evasion of tax. It also includes suggestions of countermeasures and regulations that could

be implemented in Malaysia.

Design/methodology/approach - The paper achieves this by examining the accessibility of online

gambling in Malaysia and the law and regulations available in Malaysia to combat the existence of

online gambling. Initiatives taken by the Malaysian government will be scrutinised in this paper. In

addition, the paper will take a broad view of other jurisdictions like the United Kingdom, United States

and the available international law and regulations on online gambling such as the 'European

Commission Green Paper: Online Gambling in the Internal, 2011'. Further, the paper will also examine

the legislation of Australia such as the Interactive Gaming Act 2001. Also included are suggestions of

possible mechanisms to regulate online gambling activities in Malaysia.

Findings - Malaysia has legislation on gambling which does not specifically address online gambling.

Suggestions for revision of the laws to regulate online gambling have been included.

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