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Betting on Horse Racing and Sports: Horse racing and other sports are also ancient forms of betting in Southeast Asia, especially in countries like Thailand and Malaysia. Historically, horse racing has been a popular form of betting in these countries, attracting a large number of participants from different social classes.

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Online sports betting has become one of the fastest growing industries in the entertainment and sports sector, especially amid the COVID-19 pandemic that has caused many sporting events to be postponed or canceled.