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MALAYSIAN MINISTER PROPOSES GAMBLING LICENSING BODY
6/24/10 - In Malaysia, which is struggling to contain the high demand for gambling services by its citizens in spite of extensive police action, the Information, Communication and Culture Minister has opined that the best way to counter illegal gambling is to set up a structure to license and control it.
The Business Times reports that Datuk Seri Dr Rais Yatim has proposed the formation of a government commission to monitor and control licensed gambling in the country.
He said the commission could help the government regulate and reduce illegal gambling activities where bets reported to be worth RM10 billion a year are being made on illegal sites.
"If the gaming licence can be implemented correctly according to certain rules, we will be able to curb illegal gambling," the minister told a visiting delegation from the Indonesian Journalists Association in Kuala Lumpur Wednesday.
"It should be regulated... it should not be the subject of discrimination. We need to be objective and identify the social rights of non-Muslims [to gamble] in the country," he said.
In recent times the subject of licensed gambling has come into sharp focus following discussions on the possibility, with anti-gambling groups and mainly Muslim religious bodies opposing the idea.
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Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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