Derogatory for an Indian (Asian) person. Thought to have come from
British Colonial in India, coined by
British expats/ colonists.
The
British, with a long history of playing the game of cricket, did so in India during the 17th century and beyond. The local Indians seeing this new game became curious. Not to make the colonial masters upset, they would stay up late into the night, and sneak in games of cricket under a full moon.
This became a regular tradition, and soon the Indians were allowed to play during the day. But the term stuck...
Moon Cricket, derived from the Indian slaves sneaking in games of cricket at night.