Market Size and Revenue Data

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kexej28769@nongnue
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Market Size and Revenue Data

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Shariah law strictly prohibits gambling for Muslims, who make up approximately 61% of the population. Therefore, legal gambling is limited to non-Muslims, which significantly affects participation data and policy enforcement.


Although official figures are limited due to regulatory opacity gambling data vietnam illegal operations, industry estimates suggest that Malaysia's gambling market generates billions in annual revenue. According to data from 2023:

The three licensed NFOs collectively reported annual revenues exceeding RM 9 billion.

Genting Malaysia Berhad, the country’s only legal casino operator, reported a revenue of RM 8.6 billion in 2022, recovering from pandemic-related losses.

Illegal gambling, particularly online, is estimated to match or exceed the volume of legal gambling, though reliable data is hard to obtain.

3. The Rise of Online Gambling
Online gambling has emerged as a major issue in Malaysia. Despite being illegal, it is widespread and easily accessible via foreign-hosted platforms and mobile apps. Key data points:
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