14.05.2010 - Malaysia legalises sports betting despite Islamic concerns
From AFP: Mainly Muslim Malaysia has legalised sports betting, a move supporters claim will curb illegal gambling and boost government coffers. Ascot Sports, a company controlled by influential tycoon Vincent Tan, has been granted a licence that will allow it to offer odds in time for the hugely popular English Premier League season. "Ascot Sports has been re-issued the sports betting licence by the Ministry of Finance which was first issued in 1987," gaming group Berjaya -- of which Tan is a major shareholder -- said in a statement late Wednesday...............................................Full Article: Source
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