Lim Guan Eng, the Malaysian Finance minister, has announced new penalties for gamblers and operators that will see them pay higher penalties in the country’s 2020 budget. The budget also indicated that the Number forecast Operator’s yearly lottery draws would reduce from 11 down to 8.
The penalty for illegal gambling activities in Malaysia will go up 20 times, from the current RM 5,000 to RM100, 000. Additionally, any person found to be taking part in illegal gambling activities would receive a minimum jail term of 6 months.
A RM 1,000,000 for any illegal gambling operations replaced the current minimum fine of RM 5,000. Running an illicit entity, gambling initially attracted a penalty worth RM 50,000. But, the new budget has not mentioned a maximum punishment or sentence.
Besides, no new changes were mentioned in the budget regarding prison sentences for gamblers who participate online. However, the current law prescribes six months in jail players and operators, and the maximum penalty is three years.