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Sports Betting in Malaysia
All forms of sports betting, except horse racing, are contrary to the law in Malaysia. Horse racing was introduced to the country many years back by the British. Placing wagers on horse races is allowed only on certain tracks, and is rigorously regulated and regulated by the Malaysian Racing Association. Wagers can be placed at the Perak, Selangor and Penang Turf Clubs.
No other kinds of sports betting are legal in Malaysia. This implies there are no valid sportsbooks or bookmakers functioning in the nation. There is, however, a huge network of black and underground market sports betting in the nation. This is a large problem since it often leads to fit fixing and other forms of cheating. Millions are spent annually on sports wagers in Malaysia.
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