Page 1 of 1
Mahathir had publicly support the move of awarding the football betting license to Ascot Sports Sdn Bhd. Mahathir says that this could legalise the industry and increase the government revenue. It's true. Whenever there is football there is gambling, illegal bookies are all around. You can't stop the...
Penang and Selangor state government had issued statement respectively that although the Federal Government (Barisan Nasional) had issued football betting licence to Ascot Sports Sdn Bhd, which owned by Berjaya Group Vincent Tan, the state government, via local authorities has the power to stop it.
Berjaya Corp Bhd has proposed to purchase 70% stake in Ascot Sports Sdn Bhd, a company owned by Vincent Tan with a cash of RM525mil. As Ascot Sports Sdn Bhd had just been approved for the sports betting licenses by Finance iinistry on January 2010. Vincent Tan is Berjaya Corp chairman, CEO and largest...
