Page 30 - Public Gaming International September/October 2017
P. 30

INTERVIEWS











             PUBLIC GAMING                       Dato Lawrence

                                                 LIM SWEE LIN




                                                 Chief Executive Officer,
                                                 Magnum Corporation Sdn Bhd, Malaysia







                                                                                    Jackpot GOLD and 4D Jackpot Powerball.
                                                 Paul Jason:
          PGRI Introduction:                     Chairman, Asia Pacific Lottery Association


          In 1968, Magnum Corporation (MCSB)    Please describe your portfolio of products and   4D Classic (which is the traditional 4digit
                                                                                    fixed odds game) is still the most popular
          became the first private company to be   channel mix.                     game in Malaysia.  The same phenomenon
          awarded the license by the Malaysian   Dato Lawrence Lim Swee Lin:        is also experienced here in that the
          Government  to  operate  the  hugely   Magnum pioneered the offering of   customers will follow where the Jackpot
                                su c c e s s fu l   legalized fixed odds 4 Digit Numbers   level is high but the absolute amount is still
                                4Digit numbers   game in Malaysia. In 2009, Magnum   lower than the 4D Classic game.
                                f or e ca s t    designed and copyrighted the first of its
                                betting  game    kind combination of the popular 4Digit   This year we introduced a fractional play
                                in  Malaysia.    game with a Jackpot element, which is   to enable our customers to cover more
                                Magnum       is   popularly called the 4D Jackpot game.   bets but pay less and still get a share of the
                                listed  on  the   This game primarily attracts players from   Jackpot amount. This is very well received
          Main Stock Exchange Board in Kuala     the illegal market. Owing to the popularity   and supported by our customers.
          Lumpur, Malaysia, and is the first Lottery   of this game, Magnum later also designed
          in Asia to obtain the WLA SCS certifica-  and rolled out the Jackpot Gold and 4D   Is the regulatory framework set so that it is
          tion.  There are a total of three private   Powerball games. Again, leveraging on the   not likely to change in the coming years?  Or
          National Lottery Operators licensed by   strengths in combining a fixed odd with a   do you expect that more games will be licensed,
          the Malaysian Government all fighting for   pari-mutuel element to create the winning   and online or other methods of distribution
          the same customers. Malaysia is predom-  experience.                      allowed?
          inantly a Muslim majority country and
          gambling is prohibited under the Muslim                                   Dato Lawrence Lim Swee Lin:
          religion.                              Magnum currently can only sell via its    It is about convincing the authorities the
                                                 physical retail outlets; reason being the   rationale for game changes:  to appreciate
          Dato Lawrence Lim Swee Lin graduated   current legislation does not permit any   the impact that legalized, regulated, and
          from the University of Sheffield, UK with   online channels.              taxed games have over the illegals, and the
          a Bachelor of Arts Degree in Economics                                    loss in revenue that occurs if we cannot
          (Honours)  and  a  Master  Degree  of   What games are offered by MCSB in   compete with them.  More importantly,
          Business Administration from the Victoria   Malaysia?  Which games are trending up?   the game itself must be what the players
          University of Manchester, UK.  “Dato” is                                  will find interesting and will play!  As
          a title conferred by the royal sultans in   Dato Lawrence Lim Swee Lin:        far as alternative channels like online are
          Malaysia and is awarded to key person-  Like all Jackpot based games, when the   concerned, it is more challenging as that
          alities in the country.  With experience in   Jackpot level is high, the customer response   requires legislative changes to allow it.
          the Merchant Banking and Manufacturing   is more intense.  However the 4 Digit
          sectors, Lawrence joined the Magnum    number games are still the more popular   I had the pleasure of attending your fabu-
          Group in the year 2000 and has held the   game here. The games offered by MCSB in   lous Transform or be Disrupted conference
          helm since 2008.                       Malaysia are 4D Classic, 4D Jackpot, 4D
                                                                                                     Continued on page 69
          30  //  PUBLIC GAMING INTERNATIONAL  //  SEPTEMBER /OCTOBER 2017
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