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MALAYSIAN DISPUTE OVER ASCOT SPORTS LICENCE
6/9/10 - Confusion reigns in Malaysia, where businessmen, media and anti-gambling groups appear to believe that Vincent Tan’s Ascot Sports company has been awarded an online gambling licence…but the federal government says it has not.
Amid a growing furore over the issue of the licence, federal government spokesmen this week emphasised that politicians were considering the possibility, but have not yet issued the controversial sports betting licence and intend to consult further over the issue.
Prime Minister Najib Razak said the government had not finalised its discussions on the terms and conditions of the licence for Ascot Sports.
“The government is still getting feedback and views from various quarters on the proposed licensing for a bookmaker in Malaysia aimed at reducing and subsequently eliminating unlicensed gambling in Malaysia,” Najib said in a written reply to an opposition query.
Tan recently sold a 70 percent stake in Ascot Sports to the Berjaya company, in which he also has an interest, for 525 million ringgit ($160 million). Berjaya said Malaysia’s illegal sports betting market was worth up to 20 billion ringgit a year.
The government originally issued a sports betting licence to Ascot Sports in 1987, but it was subsequently rescinded, reports the Bernama news agency. Subsequent attempts to revive the licence failed, mainly due to opposition from Muslim anti-gambling factions.
The government’s repudiation of his claims to a licence has the potential to embarrass Tan, who is on record as saying that Ascot could be offering legal betting on major sporting events including football by September 2010.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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