Taiwan sports betting to reach $910m per year

An executive for the Taipei Fubon Bank estimated that it’s newly won, five-year Taiwanese sports lottery and betting license would be worth up to US$910 million per year when it begins in April, 2008. Vice president Yang Jui-tung added that the bank would be increasing the number of betting opportunities per year to between 4,000 and 6,000 sports events for the duration of its contract.