 Ascot
Sports to Withdraw
From Online Gaming
Business
Ascot Sports Sdn.
Bhd. (“Ascot
Sports”) announced
today that it has
ceased its online
gaming businesses.
The businesses were
operated by the
following
subsidiaries:
Ascot Sports’
on-line sports
betting business,
which was operated
by Ascot Sports
(IOM) Limited at its
site
www.ascotsports.com,
voluntarily ceased
operations on 31 May
2008.
Ascot Sports
Philippines, Inc.
has been acquired by
9 Technologies Sdn.
Bhd. (previously
Extremely Good Sdn.
Bhd.).
Ascot Sports (BVI)
Limited has been
acquired by El Moro
Finance Limited.
The acquisitions
were completed on 11
June 2008. The BVI
and Philippines
companies will
continue to operate
the on-line casino
business under the
www.ascotecasino.com
brand until 1
September 2008 when
it will migrate the
business to its own
brand.
----
Gambling911.com News
Wire
Originally published
June 16, 2008 3:24
pm EST
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