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Sports Betting in Malaysia
All kinds of sports gambling, except horse racing, are against the law in Malaysia. The British introduced into the country several years back horse racing. Placing wagers on horse races is permitted only on specific tracks, and is rigorously regulated and governed by the Malaysian Racing Association. Wagers can be placed at the Selangor, Perak and Penang Turf Clubs.
No other forms of sports gambling are legal in Malaysia. This implies there are no Malaysian sportsbooks or bookmakers functioning in the country. There is, however, a network of black and underground market sports betting in the nation. This is a big problem because it often leads to fit fixing and other forms of cheating. Millions are spent each year on sports wagers in Malaysia.
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