Communications Ministry mulls taxation and licensing of online gambling in Malaysia

The Communications and Multimedia Ministry has proposed for new laws be drafted to allow them to license, regulate, and tax online gambling websites, Parliament was told this morning.

Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin, when answering oral questions in Dewan Rakyat, said a proposal has been made to the Ministry of Finance (MoF) for relevant amendments to be made to the Common Gaming House Act 1953 to broaden its jurisdiction to cover online gambling.

He explained that licensing online gambling would not only allow them to regulate the industry which usually involves websites hosted overseas, but also rake in taxes from transactions made similar to how physical casinos here are taxed.

“If we do not license then individuals in Malaysia who are gambling with these foreign sources, we cannot tax them.

“That is why we are proposing to the MoF to draft a law or a new Bill so that we can license it. We have to give it a license so that we can monitor and we can generate income which then can sustain us regulating it,” he said.

Additionally, Zahidi revealed some of the challenges his ministry faced in trying to weed out what is still considered illegal online gambling websites, until new these laws are introduced.

He explained how most of these sites are hosted on servers in foreign countries, with the constant rehashing of the website’s domain and IP addresses making the authorities’ efforts in identifying the culprits more difficult.

“If it is not in a gambling house, police or authorities cannot arrest them because it is not covered under the Common Gaming House Act 1953 as it only covers physical gambling.

“And, for online gambling, we do not have a law, which means we in Parliament have to make a new law for it,” he said.

Zahidi’s statement comes on the heels of the Kedah state government’s decision to ban all forms of gambling within the state.

Kedah Mentri Besar Datuk Seri Muhammad Sanusi Md Nor had announced how all shops selling numbers forecast lottery draws in the PAS-led state will no longer have their business licenses renewed by local councils, with the move intended “to tackle the ills resulting from gambling”. —  Malay Mail

[ IMAGE SOURCE ]

Related reading

Recent Posts

GXBank on cybersecurity, scams and AI: What really happens behind the scenes to protect users

GXBank recently marked its second anniversary with more than one million Malaysians onboard, cementing its…

18 hours ago

Realme C85: World record-breaking “ultra waterproof” phone, but not for the reason you think

Realme has just launched a new budget-oriented mid-range smartphone in Malaysia, the Realme C85 5G.…

21 hours ago

sooka’s Gilerrr Streaming Challenge Draws 273 Participants, Clinches Malaysia Book of Records Title

This post is brought to you by sooka. sooka pulled a lively crowd to Pavilion…

24 hours ago

Infinix teams up with Pininfarina for future smartphone designs. Note 60 Ultra launching first in 2026

Infinix has just announced its strategic partnership with Pininfarina for its upcoming flagship smartphones, revealed…

2 days ago

Your Proton car can soon be controlled from a Huawei smartwatch

During Proton's Tech Showcase, the national carmaker has also highlighted its digital and connected automotive…

2 days ago

MoF Inc triggers Put Option for DNB shares: CelcomDigi, Maxis and YTL Power to fork out RM328 mil each

Digital Nasional Berhad (DNB), Malaysia's first 5G network, will soon transform into a fully private…

2 days ago

This website uses cookies.