Gambling is centuries old at this point and, regardless of opinion, will not be going away anytime soon. Instead, It will continue to evolve alongside humans. It has already come so far from the days of only land-based casinos to reveal a global network of online betting. Now, Malaysia is about to see a major evolution in the industry following decades of harsh restrictions.Due to the country being majority-Muslim, gambling has been largely banned, with exceptions made for non-muslims in specific areas. However, the rise of the internet has seen some of its citizens embrace gambling sites to get their needs met. As we approach 2025, the gambling scene in the country is on track to change once again.First, cryptocurrency will play a great role. These digital assets have been dominating the gambling scene around the world for a while now but Malaysia is about to see this in full force. Adoption rates of crypto and now gambling have been steadily growing, which could lead to some interesting results. As Michael Graw writes, many more people are looking to find Malaysian online casinos, and moving forward, we can only expect adoption rates to keep increasing.Several factors contribute to the popularity of crypto for gambling, including the chance to make more profit, increased privacy, and more control over assets. For the Malaysian audience, these continue to be a draw.Another trend we can expect to see is Artificial Intelligence. AI has become one of the most widely used technologies in the world thanks to tools like Chat-GPT. The gambling sector has not been left behind in this AI revolution, with the tech being used to offer personalized recommendations to players, enhance customer service, and whatnot. Online casinos are always in a bid to outdo one another and AI can give them a leg up. This, in turn, will increase players' expectations of what an online casino should offer and this will be reflected among Malaysian players as well.Virtual and Augmented Reality (VR and AR) are also having a moment, with gamers wanting a more immersive experience. Gambling consumers are not exempt as while they are happy to gamble from the comfort of their homes, many also want an experience closer to the 'real' casino. With this in mind, we will see more online casinos catering to the Malaysian market.Another trend will be eSports. While we have bet on sports played by other humans and even animals, the last few years have seen the rise of eSports, essentially sports that feature people playing video games. Several eSports tournaments have emerged, with millions of dollars in prize money on the line. This has been tied to the growth of the video game industry as a whole and has seen more people betting on them. Given the popularity of video games in Malaysia and the rise in betting, 2025 will see more eSports gambling in that market.Finally, 2025 could see major changes with regard to Malaysia's gambling laws. As we've pointed out, gambling is not as legally accepted in the country compared to others. But all the signs point to Malaysian gambling only becoming bigger and more profitable. If more people are gambling using innovative tech like blockchain and AI, the government will be under pressure to loosen its laws.Lobbying groups and changes in consumer attitudes could see Malaysia become more pro-gambling and that only stands to benefit the industry at large. As the next year unfolds, it will be interesting to see how these changes take shape.
Online security works both ways, with consumers eager for sites to provide the best security, and businesses and services requiring users to prove who they are to reduce the risk of fraud, money laundering, and other illegal activities.While many of these systems provide a much-needed service that protects consumer information and ensures sites are not being used for illicit activities, they can occasionally pose a problem with some users struggling to access sites or accounts.This has led to many exploring no-KYC alternatives, especially in sectors that deal directly with finances.KYC explainedKYC or Know Your Customer is a process used by financial institutions, health care providers, real estate companies, gambling operators, and many more to verify the identity of customers.The purpose of this is to mitigate the risk of criminal activities such as terrorist financing and money laundering. For many industries, these processes are mandatory and involve establishing the customer's identity, carrying out risk assessments, and cross-referencing databases.The US is governed by the CIP (Customer Identification Program) under the USA Patriot Act. The main purpose of the CIP is to verify the identities of those carrying out financial transactions as part of AML (anti-money laundering) protocols.How consumers can suffer from digital exclusionDigital exclusion can affect those trying to access existing accounts or those trying to set new ones up. This has led to some seeking alternatives with consumers often searching for the best anonymous casinos without KYC.Online casino expert Andrew O'Malley explains that it is not just digital exclusion that is causing consumers to explore alternatives. Quick and easy sign-up processes that don't require users to upload documents for approval are obvious benefits, but being able to gamble anonymously also brings unmatched security. Consumers who minimize the amount of data they share are less likely to have information stolen.While these options provide a great alternative to online gamblers, other services might not be as flexible. Banking services in particular must follow procedures set out in the jurisdictions they work in, sometimes leaving people struggling to open accounts.Identification DocumentsHundreds of millions of people around the world face digital exclusion, with one of the major causes being the requirement of identification documents. To ensure consumers upload qualifying identification documents, digital platforms implement rigid requirements.One of the major issues with international websites having rigid ID requirements is that there is no standardized system for documents, and most sites are tailored towards North American and European users.Those without documents that fit the requirements can find themselves excluded from online services, banking systems, and more. Digital literacyOnline services are a major part of modern life, but it is unfair to expect all consumers to have the same levels of digital literacy. Studies show that almost 220 million consumers are at threat of digital exclusion due to a lack of online skills.Access to resources and education is not guaranteed to all consumers around the world, and the failure of businesses to cater to this need leaves many stranded.Biometric authentication is another recent development that is helping to provide more secure networks. However, not everyone has a device to facilitate these services, and many more have physical or medical conditions that can make them difficult.Risk assessments Risk assessments are a natural part of financial services, and many people who would qualify for accounts may find themselves rejected through no fault of their own.One of the biggest causes of this kind of problem can be the location of the consumer. High-risk countries could be those with a history of fraud or financial crime, resulting in blanket exclusions that affect individuals.
Binance made an exciting announcement on September 17. Through a post on X, they revealed that a new play-to-earn game - Moonbix - is about to be released on Telegram's Mini App.Just like most other Telegram games, such as Hamster Kombat and 2048, Moonbix is likely to become a new sensation in the online gaming ecosystem. In fact, Telegram games are so widely popular that they even now encompass online casinos. After creating an account with Telegram-based casinos, players will have full access to classic games such as blackjack and poker straight from their Telegram app.If casino games aren't your cup of tea, there are many other Telegram Mini Apps (TMAs) simply waiting for your attention. TMAs are web-based applications that are running within Telegram, and more than 500 million people are using them every month. Keep in mind that approximately 950 people are using Telegram, which goes to show that more than half of its users are in favor of TMAs.Even though TMAs haven't been around that long, they have gone through a period of rapid rise. These applications have entered the market in 2023, and games like the aforementioned Hamster Kombat have already gained a huge audience.Taking into account everything we know about Moonbix so far, there's no doubt it will become the next big thing among TMAs.Moonbix is a unique, crypto-themed game. A few videos about it have already been shared, and it's apparent that this Binance creation has interesting gameplay. Players can expect to explore galaxies and collect items that will improve their scores. The game also promises great crypto rewards, and stumbling across items such as yellow stones will come with in-game value.As players top the charts, they also get a chance to stand apart from the competition, which can yield great rewards.Moonbix also lets you invite friends to play and get rewards in the game. Extending an invitation and having your friends join as new players can earn you up to 50,000 points. Since Binance is generous, friends who get invited will also earn a gift of 1,000 points; keep in mind that your chances of getting crypto rewards go up with more points, so this gift is definitely a step in the right direction.If you are particularly interested in rewards, you can check out the Moonbix Hall of Fame. Players who are at the top of the list earn special rewards in every game cycle, so it's worth trying extra hard during each game.While many have been impatiently waiting to find out more about the details of the game, the little insights we got weren't exactly planned. In fact, Binance made an announcement about the game being leaked ahead of time, followed by an apology for any inconvenience this might have brought.Moonbix still hasn't been officially launched, as the largest cryptocurrency exchange company wanted to perfect its application and provide players with an exceptional experience. They also asked their followers to kindly wait for the official release, the date of which will be revealed soon.However, Binance didn't want to keep its players completely in the dark. Thus, they went ahead and released the Terms and Conditions for its Telegram Mini App. Apart from that, the company also advised people to search for official news regarding the game on their channels. Binance's statement serves as an extra reminder that people should be aware of impersonation accounts, which is only one of the many cybersecurity risks individuals face anytime they are online.