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Malaysian sports betting licence scrapped

After much excitement about granting the first Malaysian sports betting licence to Ascot Sports Sdn Bhd, part of the Berjaya Corp, the government has succumbed to pressure from local Muslim groups and rescinded the offer. This was always a possibility in a country with such a large Muslim population, but one can't help but think they'd missed their big opportunity to cash in on the licence anyway, with the original announcement coming too late for World Cup 2010.

Malaysia scraps betting licence amid Muslim anger

The local illegal bookies will be very happy!

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