Malaysia govt loses $1b revenue a year from illegal gaming syndicates

PETALING JAYA - Illegal betting syndicates have taken a big chunk of the legitimate Number Forecast Operators' business away and caused the government to lose some RM3 billion in tax revenue annually.

In Malaysia, there are six licensed NFO. Three of the operators - Magnum, Sports Toto and Damacai - are based in Peninsular Malaysia while the other three - Special Cashsweep, Sabah88 and Sandakan4D - have extensive operations in Sabah and Sarawak. Because it is a lucrative business, where the payout for a winning number is 70/30, meaning for every RM1 4D sales, 70 sen would go for the payment of the winning numbers while the operators make 30 sen, these illegal operators are often connected to the underworld or triads.The source said the syndicates also pay good commissions of between 20 and 30 per cent to illegal 4D runners.

More on this topic The source said these punters were also being looked after by the syndicates if they were caught for the illegal 4D activities. The source said because the illegal 4D business has several layers of middlemen and runners, it would be difficult for the enforcement authorities to track or identify the real masterminds.Those caught are normally runners and middlemen who are willing to take the fall and blame for the syndicates' masterminds as the law is not stern enough to discourage them from being involved in the illegal activities.

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