The country will be at risk of facing revenue loss after the Perlis state administration decided to stop renewing operating licences of gambling premises after March next year, said numbers forecast operator Da Ma Cai.
While the closing of betting outlets in the northern state would only cost an annual revenue of RM2,544 for Perlis, a spokesperson from Da Ma Cai said it would affect Putrajaya tremendously as the industry generates substantial tax revenue for the federal government.
In a response via email to questions by Malaysiakini, he said the closing of such gaming outlets would...