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The Myanmar kyat (symbol: K, code: MMK) is the official currency of Myanmar (Burma). This page provides all the details you need to know about online casinos accepting the Myanmar kyat.
Myanmar Kyat Online Casinos
While all forms of gambling are legal in Myanmar because gambling is not fully regulated in the country, the population of Myanmar is too poor to afford this activity. Thus, it is mostly people from neighboring countries like China, Laos, and Thailand, who can afford to luxuriously gamble in Myanmar. However, there are no Myanmar kyat online casinos anywhere in Myanmar, let alone offshore. International online casinos gladly accept players from Myanmar, but they have to convert their money into one of the major internationally traded currencies to fund the account balance.
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With less than 20% of Myanmar’s population having bank accounts, and Myanmar kyat not accepted at international online casinos, players from this country have to find various ways to funds their online casino accounts. Step in mobile banking and e-wallet solutions. While these might cover a relatively small percentage of people in Myanmar, they are probably the most convenient and secure way to deposit money at online casinos. Players have the option to choose between mobile banking by Myanmar Mobile Money Co and e-wallets such as T2P that allow players to deposit and withdraw funds.
FAQAre people in Myanmar allowed to legally gamble online?Gambling is legal in Myanmar, but the industry is not regulated. Therefore, numerous unlicensed establishments and foreign sites offer their services to players from Myanmar.Can I deposit at online casinos in Myanmar kyat?No online casinos accept Myanmar kyat. The best way to deposit into a casino account is using either mobile banking, like Myanmar Mobile Money, or an e-wallet, such as T2P, but the money will be converted to one of the mainstream currencies.What casinos are the best for Myanmar players?As always, players are advised to stick with properly licensed and regulated casinos.