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But Deputy Finance Minister Datuk Chor Chee Heung said last week that the federal government won’t problem another sports gaming licence to some other company. Gaming analysts and trade observers have blended views on the revenue assure figure. Some say it’s sufficient while others consider it’s low as the potential for the sports betting industry is big. But the analyst reckons the Malaysian sports betting trade will take longer than a 12 months to realize a steady state. In just one year, the trade there grew from zero to HK$16.1 billion, which translates into 1.2% of nominal GDP.
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