Kuala Lumpur--- There is a nation wide protest in the Muslim majority of Malaysia over the issue of not issuing sports betting license by the government.
The Prime minister of Malaysia, Najib Razak, apparently informed about the non-finalizing of the license for Ascot Sports, which is owned by the prominent business czar, Vincent Tan. According to the news agency Bernama, the minister on a written reply to a conflict said the government was getting feedback from different quarters on the anticipated licensing for a betting bookie intended at plummeting unlicensed betting.
There was a firm opposition from Muslim groups when the news broke in May that Ascot Sports had been granted sports betting license by the government to enhance tax income. Tan, who is the chairman of the property-to-gaming company Berjaya, had said that if sports betting were officially recognized in the country it would generate more than $900 million per year. Therefore, he wanted to know through the media as to why some politicians were against it. He also added that after selling 70 percent of his share in Ascot sports to Berjaya group for 525 million ringgit, he would be donating his earnings to charity.
Though in 1987, Malaysian government had issued sports betting license to Ascot Sports, it was quickly quashed and henceforth an effort to renew it had failed due to opposition of betting, which is prohibited in Islam. Tan had stated that the Malaysian punters would be able to place their bets from September for the enormously popular English Premier League Football Season.
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