Licence not issued to Ascot Sports yet — PM
(Bernama) – The government has yet to issue or give the licence to Syarikat Ascot Sports Sdn Bhd to carry out betting operations in Malaysia, said Prime Minister Datuk Seri Najib Tun Razak.
Najib, who is also the Finance Minister, said the government had also not finalised discussions on the licensing terms and conditions with the company to undertake bookie activities in Malaysia.
“The government is still getting feedback and views from the various quarters on the proposed licensing for a betting bookie in Malaysia aimed at reducing and subsequently eliminating unlicensed gambling in Malaysia,” he said in his written reply to Tian Chua (PKR-Batu) at the Dewan Rakyat sitting, here yesterday.
Tian Chua wanted to know what was the basis for the cabinet decision to revoke the gambling licence in 2004 and why was the decision being changed this year.