Best malaysia online casino sites of 2019
Online Casino Sites in Malaysia – Still Considered “Uncommon”
The best online casinos accepting Malaysian casino players are just around the corner, or better said, they’re a few “scroll downs” away. We’re going to show what the best online casinos in Malaysia are, along with some rather interesting information and advice on the online and traditional forms of gaming in Malaysia. Before we go any further, we should point out that online gaming is experiencing exponential growth in Malaysia. In spite of the Government’s efforts to put gaming on a short leash, gaming companies and casino players prefer the gray area in which they currently are.
Top 10 Malaysian Online Casinos for Real Money
FirstWinn provides online live casino, slot games, 918KISS, sports betting and 4D. Undoubtedly the Top Online Casino Malaysia Website!
Hi5hClub provides online casino games such as Blackjack, Baccarat, Roulette and sports betting
QQclubs is an online casino focused on live dealer games
Euwins provides casino and sports betting
Regal88 provides 918KISS online mobile slots
Royal Empire provides live online casino games, slot games and table games
ECC Empire provides online casino games, Poker and sports betting
iBET provides online casino games, e-sports, sports betting, 4D lottery and Poker
Dafabet provides Lottery
Bet365 provides casino and sports betting
Is Online Casino Legal in Malaysia?
Malaysian laws have no clear definition of what constitutes “online casino”. However, since Islam is the dominant religion in Malaysia, most individuals will not indulge in a game of roulette, blackjack or any other games defined as “casino games” on the grounds of religion. On the other hand, those who do want to enjoy the thrill of the roulette wheel, or just want to casually play some slots or progressive jackpot slots for instance, can do so without any concerns. The main reason, authorities find it extremely difficult to enforce any laws. To make matters more interesting, there’s no interest in putting an end to online gambling in Malaysia.
As you can see, there are online casinos with strong brand presence that cater to the needs of Malay casino players, who prefer to play online. Yes, there are casinos in Kuala Lumpur, but they are visited by tourists, and the rich & famous. In our opinion, the best case scenario is the Government to REGULATE online gambling and betting operators. This way, not only the authorities have a clear insight in who’s gambling and how much, but they get a steady source of taxes.
In short, if religions is not in your way, you can join any of the aforementioned online casinos. As a bonus, check out the language options, you will most likely find them convenient, and surprising!
An outdated law since the 1950s can be interpreted that it is an obstacle for online casino players from Malaysia, but as we hinted earlier, the government just doesn’t care. Online casinos cannot be operated in Malaysia, but Malays can play at online casinos.
Trusted Online Casinos in Malaysia
We at BestOnlineCasinoMalaysiaSites will never point you in an online casino which does not meet our high standards. The only outcome is a happy player. All of the listed casinos that accept players from Malaysia meet the world gaming standards, and more! Responsible gambling is a hot topic in recent years, and all of them contribute time and resources to make sure players enjoy casino games without worrying if they’ve played too much.
However, that’s a topic for a different occasion. For what it’s worth, the aforementioned Malaysian online casinos are associated with renowned gambling regulatory bodies the likes of the UK Gambling Commission, the Malta Gaming Authority, BeGambleAware and GamCare among others.
The first are pillars in the world of legal online gaming and betting, whereas the latter are respected agencies which act as promoters of responsible gambling.
Online Casino Winnings and Taxes in Malaysia
Because gambling or gaming is illegal you cannot report your profits to the tax authority. The luxurious gambling resort, Genting Highlands Resort is the entity that’s getting taxed. If, let’s assume online gaming was legal in Malaysia, players would’ve had to report the profits. The online casino operator might have had to report your profits to the tax authority as a safety net that all players that have profited have reported their profits.
For the time being, Malays players can enjoy tax free online gaming. However, South East Asia proved to be a fast evolving gaming market. If governments sense that they can increase the tax revenues they become adamant that online gaming must become regulated and all winnings, profits taxed. On the other hand, this means higher player safety. In a way, it’s a double-edged sword for the Malaysian officials.
How to Deposit at Online Casinos from Malaysia?
The online casino fun starts with a deposit, or in other words with as little as $10 or in Malaysian Ringgit, that’s a little over 40 RM. There are many ways in which you can get some real money to your online casino player account. While you’re at it, don’t forget to take advantage of any welcome bonuses that are available to you.
Back to the payment options, there are 4 types of payment options, and all of them have special features, and make sure you clearly understand the flaws.
If you’re searching for online casinos, chances are, you have a credit card in your wallet. It doesn’t matter if it’s a VISA or a MasterCard, as long as their logo is on the card, you can deposit at online casinos. On the other hand, if you’re about to obtain a credit card to deposit at online casinos, we recommend VISA.
Note, since online gaming is not regulated, or the laws are not enforced, it’s a good idea to use alternative payment options for your online gaming endeavors. After all, using credit or debit cards at online casinos exposes you. The authorities can easily get a hold of your banking information. Since online gaming is not legal per se, there could be some potential threats down the road. Then again, it’s up to you.
For the time being, online casinos are not keen on Malaysia based debit cards, such as the popular Maybank2u and CIMBClicks. Due to the legal situation in Malaysia, the payment providers do not want to cooperate with “high-risk businesses”, the likes of online casinos. If, and only if online gaming gets the Government’s approval, which we highly doubt, Malaysian casino players will have to stick to the major credit cards and alternative payment options, such as the e-wallets mentioned below.
E-wallets such as Skrill and NETeller are among the most popular payment options of online casino players. They’re fast, effective, and the fees are inconsiderable if you don’t make frequent deposits. Moreover, you can use them for making other online purchases and/or payments.
They’re especially important for casino players located in regions where online gambling is not clearly regulated, like Malaysian casino players for instance. Skrill, NETeller and EcoPayz can be of great use to you. All of them are available in Malaysia. However, not all of them support payments in Malaysian Ringgits.
Making a direct transfer from your bank to the casino’s bank is more common than you think. However, it’s not as convenient in Malaysia. It’s popular amongst high rollers who like to deposit hefty amounts, using direct online banking platforms, the likes of Trustly in Europe, Instadebit in Canada, and at one point in time, POLi in Australia.
In recent times, mainly because of the volatile legal situation, prepaid vouchers have become extremely attractive among online casino players. At one point it was Paysafecard, but it became part of the Skrill and NETeller group. Today, it’s Neosurf that’s become the number one pick of casino players that are based in jurisdictions where online gaming does not have the popular vote.
Prepaid vouchers give you anonymity, in other words, you’re 100% in the safe zone. Basically, your name is not mentioned until the point you want to make a withdrawal. At this point, it’s highly likely that you will have to withdraw via bank transfer.
Bitcoin – Or Any Other Cryptocurrency You Find Valuable
Cryptocurrencies exploded in the past few years, and it appears like they’ve taken a tough blow recently. Needless to say, this hasn’t stopped online casinos from accepting Bitcoin deposits, and enabling casino players to enjoy casino games with the once popular, now infamous Bitcoin. As an online casino player from Malaysia, it’s still a good idea to get at the very least consider playing in Bitcoin. Note, do this only if you’re comfortable with managing cryptocurrency e-wallets and cryptocurrency in general. To be frank, online casinos are slowly moving away from Bitcoin, at least the ones that we consider 100% safe and reliable.
Malaysia Online Casino No Deposit Bonus
It’s widely-known in the gaming industry that players from Asia are keen on no deposit casino bonuses and free spins that require no deposit. The thing is, even players from other regions like this sort of bonus offer, but they’ve realized that they can rarely make a profit. Deposit bonuses are way more lucrative!