Online gambling syndicates at illegal premises are believed to take in as high as RM7.9 billion (S$3.08 billion) a year despite continuous raids being carried out from time to time, reports Metro Ahad.
Most of the syndicates have now made things easier as gamblers can now play at home by installing just a mobile online gambling application and depositing money online.
The amount of revenues made by online gambling were estimated based on the RM10,000 daily profit made by online bookies. This is just basing on the 2,167 raids carried out by authorities at illegal premises nationwide in March alone.
Federal D7 (secret societies, gambling and vice) principal assistant director Senior Asst Comm Roslee Chik said that with a start up of RM50,000, bookies can take in between RM7,000 to RM10,000 a day in a small premises and with few customers.
Most of the syndicates had loyal customers and could draw a maximum of RM15,000 per day.
Based on police investigation, most of the bookies used cyber cafe licenses, snooker centres, and even restaurants to camouflage their illegal activities.