Live casino in Malaysia scene is on a rapid trajectory
As the world becomes more digitized, live casino is becoming increasingly popular. This is most evident in countries such as Malaysia, where there has been a surge in the uptake of live casino over the past few years. This rapid uptake has led to a number of challenges for operators in the Malaysian live casino scene, many of which they are struggling to address. We take a look at some of these challenges and what operators can do to overcome them.
What is live casino in Malaysia?
Live casino in Malaysia is on a rapid trajectory and there are various reasons for this. Firstly, the market is growing at an alarming rate and secondly, the live casino industry has been able to tap into the tourists’ thirst for new and exciting experiences.
Malaysia has always been known as a tourist destination that offers a plethora of attractions, including its natural beauty, culture and history. This makes it an ideal destination for those looking for an adrenalin-fuelled experience.
Furthermore, live casino has become increasingly popular over the years because it provides gamblers with an engaging environment in which to engage in their favourite pastime. Moreover, casinos offer unique opportunities to learn about different cultures and make new friends.
As such, Malaysian casinos are seeing plenty of visitors from all over the world who are eager to try out this exciting new form of entertainment.
How did live casino in Malaysia start?
Live casino in Malaysia started gaining traction in the late 2000s as a result of the country’s proximity to neighbouring countries with robust live casino offerings. By 2013, live casino was available at over 50 casinos across the Malaysian gambling landscape. The growth of live casino has been particularly pronounced in recent years as Malaysian players have become increasingly comfortable with online gaming and mobile gaming platforms.
In 2017, live casino accounted for a total revenue of RM1.06 billion (US$ 230 million) across all casinos operating in Malaysia. This represents a compound annual growth rate (CAGR) of 20.7% over the past three years. Notably, live casino is now the single largest source of revenue for Malaysian casinos.
The regulatory environment for online gaming and live gambling in Malaysia has continued to evolve over the past few years, with authorities taking a gradual approach to regulating these industries. In March 2018, licenses were granted to two new operators – Genting Casino (owned by Genting Group) and Betfair Casino – making it possible for players in Malaysia to access both online and live gaming services from multiple operators.
What are the different types of live casino in Malaysia?
There are currently three types of live casinos in Malaysia: land-based, online and mobile. The land-based casinos typically have more luxurious and opulent surroundings, while the online and mobile casinos are much simpler in design.
Mobile live casino is one of the newest trends in Malaysia’s live casino scene, as players can now enjoy their favourite live casino game on their phones wherever they are. There are a number of excellent mobile live casinos available, with some offering exclusive bonus offers not available to players at traditional land-based casinos.
What are the benefits of playing live casino in Malaysia?
Live casino in Malaysia scene is on a rapid trajectory. Numerous live casinos have launched across the country in recent years, catering to both locals and tourists. The live casino industry in Malaysia is forecast to reach RM2 billion by 2021.
Some of the benefits of playing live casino in Malaysia include:
-The excitement of being in a real-life casino setting with other players
-The chance to win big prizes while gambling with real money
-Relaxing atmosphere and social interaction with others who are also enjoying the live casino game
-A convenient way to spend leisure time and explore new cultures
There are a few things to keep in mind when playing live casino in Malaysia. Firstly, ensure that you are fully aware of the rules and regulations of the venue you are playing at. Secondly, remember to be cautious with your money – don’t risk it all on one jackpot or slot machine!
Why is the scene for live casino in Malaysia on a rapid trajectory?
The live casino scene in Malaysia is on a rapid trajectory and there are several reasons for this. Firstly, the country has a large population and there is a lot of potential customers who want to try out live casino. Secondly, the Malaysian government has been supportive of the industry and has made regulations that are favourable to casinos. Finally, the operators have been investing in new technology and facilities, which means that they are able to offer a high-quality experience to their customers.
Live casino in Malaysia is on the rise, with more and more players looking to take advantage of the available options. The live casino scene has seen explosive growth over the past few years, and it looks like this trend is only going to continue as more casinos come online. If you’re looking for a fun way to spend your evening and enjoy some quality gambling action, then you should definitely check out the live casino in Malaysia scene.