Hello and welcome to the details of Unlucky gamble: Vietnam police bust US$133m World Cup betting rings and now with the details
Nevin Al Sukari - Sana'a - Online gambling is banned in Vietnam, but lucrative illegal operations abound prompting periodic clampdowns especially during international sporting events. — AFP pic
HANOI, July 7 — Vietnamese police said today they had arrested 85 people linked to two “exceptionally large-scale” betting rings worth a combined US$133 million (RM542 million), as the government cracks down on illegal gambling during the World Cup.
Online gambling is banned in the communist country, but lucrative illegal operations abound prompting periodic clampdowns especially during international sporting events.
The raids in late June targeted two rings with an “exceptionally large scale of operation” and a “high level of hierarchy and tight control”, police in Ho Chi Minh City said in a statement.
Since October, the rings had logged an estimated US$133 million in illegal transactions, the statement said.
Leaders of the rings confessed to receiving “master-level betting accounts from individuals in Cambodia… subdividing these accounts into numerous agent and member accounts to distribute to gamblers” online, it added.
Vietnam’s public security ministry said last week police had dismantled 73 gambling operations across the country, arresting 346 suspects involved in illegal gambling and football betting during the first 20 days of the World Cup.
“Transaction money in these cases totalled thousands of billions of dong (hundreds of millions of dollars)”, said colonel Bui Tuan Anh of the public security ministry.
Canada, Mexico and the United States are hosting World Cup matches this year, with the final match slated for July 19. — AFP
These were the details of the news Unlucky gamble: Vietnam police bust US$133m World Cup betting rings for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.



