iGaming Business – The Malaysian government is considering increasing gaming tax revenue for casinos in the upcoming budget for 2014 in an effort to reduce the country’s financial deficit. According to The Star Malaysian newspaper, the country’s budget deficit stood at 4.5% of gross domestic product in 2012, but the government wants to reduce the figure to 4% this year. “We believe there is a possibility of an upward revision in gaming taxes when Budget 2014 is unveiled on October 25 as the government explores ways to beef up its coffers,” financial market research company RHB Research said. RHB estimated...