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'Have open mind about legal sports betting'.
Byline: Chan Wai Kong; Mazlinda Mahmood
KUALA LUMPUR: Tan Sri Vincent Tan is upset that there is opposition to legalised sports betting in the country.
The Berjaya Corp Bhd chairman said legalised sports betting would generate revenue for the government and curb the activities of illegal bookies.
He told the New Straits Times that "sports betting can be carried out in a controlled environment" and reduce the number of punters going to illegal bookies.
He said it was a known fact that illegal bookies and loan sharks worked hand-in-hand. Punters are given credit lines and they later struggle to repay the loan.
Tan was coming out in defence …
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