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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The government originally issued a sports betting licence to Ascot Sports in 1987, but it was subsequently rescinded, reports the Bernama news agency.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.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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