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HAS MALAYSIAN MOGUL REVERSED OUT OF ONLINE GAMBLING ?
The Malaysian business tycoon Tan Sri Vincent Tan has pulled out of the online gambling business, apparently shutting down the operations of the Isle of Man licensed Ascot Sports.com, according to reports from the Malaysian Insider's news website.
The closure may be reflected by the website's current inaccessibility, although it displays a notice advising that it is “temporarily unavailable due to system maintenance”. The message is also duplicated on the Chinese-language version of the website.
The Malaysian Insider reports that staff in the mogul's Malaysian office were told of the closure Friday morning, and advised that it was with immediate effect.
The report goes on to describe the 2003 Malaysian licensing initiative for Tan's Ascot Sports, and the non-renewal of the licence when a new national leadership came to power three years later, despite Tan initially paying 25 years in advance. This apparently prompted Tan to enter the online gambling market, registering his operations on the Isle of Man.
The AscotSports.com website, together with its information portal AscotSportal.com, was finally launched a few months prior to the Fifa World Cup 2006 tournament. The newspaper reports that a call centre was also set up in the Philippines, and the company subsequently expanded its services by launching a 4-digit number lottery product online. The Ascot e-Casino was also launched last year (see previous InfoPowa report), targeting the Chinese-speaking market in Asia.
As we went to press, All the Tan online sites appeared closed, with the Ascot e-Casino site displaying a similar maintenance message, with the additional information that players could access their accounts and make withdrawals, but not deposit or make bets. Email enquiries sent to relevant Support and business addresses for the operations were rejected undelivered.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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