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It is roughly 200,000 square toes in size. 1967: Pool Betting Act Passes The Pool Betting Act of 1967 is enacted with the intention to further suppress gambling in the nation. Pool Betting refers to pari-mutuel model wagering that is utilized in horse race and sports betting. 1975: Magnum Berhad Based Malaysia’s first private lottery firm Magnum Berhad is licensed.

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