Upcoming elections bode big risks for number forecast operators


KUCHING (May 16): The upcoming Selangor, Penang and Negeri Sembilan state elections pose a huge risk for the gaming sector, in particular for number forecast operators (NFOs) like Sports Toto Bhd (Sports Toto) and Magnum Bhd (Magnum). This comes amidst talks of Selangor, Penang, Negeri Sembilan, Kedah, Kelantan and Terengganu widely believed to dissolve their [...]

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