Malaysian government says no to sports betting
As published in Malay Mail today By Haresh Deol email@example.com KUALA LUMPUR — The government will not legalise sports betting despite claims the match-fixing threat has moved from Singapore to Malaysia. Finance Minister II Datuk Johari Abdul Ghani said regulating sports betting would not ensure the long-standing menace would be eliminated. “As far as the government is concerned, we are not going to approve sports betting. Simply put, it’s not a sector we’re looking into,” he said. “What assurance do we have that match-fixing will be eradicated if sports betting is legalised? Singapore legalised sports betting, yet they also had syndicates operating illegally. “We can’t be giving out licences just because there is a demand in the black market. That will not solve the problem.” Johari said there were no records or data to show the amount of “illegal outflow” of the ringgit due to sports betting and that figures bandied around were merely estimates.