The seedy world of videogame gambling was recently thrust into the spotlight after the revelation that two highly successful YouTubers were promoting a gambling site that they also happened to own. Videogames and eSports, despite being worth over US $100 billion every year, have no unified international agencies with powers to investigate and ban bad actors - like NBA, ICC or FIFA.
Augustus Ralph Marshall, under investigation in two countries, has tendered his resignation as independent non-executive director at Maxis Bhd, the company said in a filing with Bursa Malaysia.
Malaysia is a promising startup hub, and the entrepreneurial space here is heating up and getting more vibrant, but we should not paint a false picture that will come back to bite us, writes A. Asohan.
There is an unhealthy confluence of business and politics in Malaysia. It’s not always obvious. Money doesn’t even have to change hands, nor do funds have to be transferred from one account to another. But it’s a quagmire that strips us of any sense of an ethical framework in the business world, writes A. Asohan.