KUALA LUMPUR (May 6, 2010): The government is considering legalising sports betting in view of the World Cup matches in June, Deputy Finance Minister Datuk Dr Awang Adek Hussin said today.
He said the government is considering this as illegal betting causes the government to lose hundreds of millions of ringgit a year in revenue to illegal bookmakers.
"Of course, we don’t want to appear as though we encourage gambling and gaming but it will arise, in any case. They (illegal bookies) will do it. So, the question is whether it’s a good idea to leave them on their own, unregulated or if the government should try to regulate and do it in such a manner that’s controlled," he told reporters at the Parliament lobby.
"Also, we know that at the same time the government will get revenue from this (thus it) is something the government considers seriously."
He did not say how soon the decision will be made. "It cannot be done once the World Cup is over. We’ll have to wait as to when exactly," he said.
Asked if there are parties who have indicated their interest in obtaining gaming licences, Awang Adek said there were many parties but refused to provide further details.
"The government has not decided, so it’s not fair to reveal the names of the parties applying but once the government decides then everyone will know," he said.
Asked if the legalisation is specifically for the World Cup, he said: "If we decide for the World Cup, then we can’t differentiate this. It will have to be other games as well."
Earlier, in the Dewan Negara, Ng Fook Heng asked if the government intended to issue gambling licences to prevent illegal betting.
Awang Adek said the government is viewing the matter seriously as illegal betting can also create room for other illegal activities such as unlicensed money lending and money laundering.
He also said the government currently does not have a figure on the revenue received from illegal betting but added that it could be hundreds of millions of ringgit.
Awang Adek also said the revenue from gaming is used for sports development in the country. -- theSun
What – legalising sports betting in view of the World Cup matches in June 2010
Who – Government of Malaysia by it’s Deputy Finance Minister Datuk Dr Awang Adek Hussin
- Illegal betting causes the government to lose hundreds of millions of ringgit a year in revenue to illegal bookmakers – someone really needs an economic classes.
- To regulate and control gambling – why don’t you go regulate and control your brothers who addicted in gambling…
- To generate revenue – and Islamic value classes too… learn about kesan rezeki yang tidak diberkati.
- Illegal betting can also create room for other illegal activities such as unlicensed money lending and money laundering – Seriously, is this how you going to settle a problem?
- Revenue from gaming is used for sports development in the country – if you are a father, would you feed your children with such money?
WHAT IS HAPPENING TO US???
p/s: I will write to him personally about this… and to those who in my opinion should speak up…
Just to clarify:
Brothers – In Islam, we are all brothers. I have responsibilities towards you, so do you.