Tuesday, January 12, 2010

PSC bets on sports gambling in Cambodia

January 12, 2010
By JAMIE LEE
The Business Times (Singapore)


PSC Corporation is taking a US$4.5 million bet on the sports gambling business in Cambodia.

PSC said that it plans to buy a 25 per cent stake - or 250 shares - of Cambodia's Sport Social Affairs (SSA).

SSA holds a 30-year exclusive agreement with the National Sport Foundation of the National Olympic Council of Cambodia as its exclusive official partner and investor in their development programs.

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