Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Asia

Vietnam police cracks underworld gambling network

Published

on

Vietnam police cracks underworld gambling network
Photo Credits: Kym Koch Thompson
Reading Time: < 1 minute

Police has busted an illegal online sports betting network, allegedly operated by underworld honchos, in southern Vietnam. The police has arrested the ringleader and nine of his accomplices too.

The police has also seised three high-end cars along with billions of dong and foreign currency, as police raided locations in Ho Chi Minh City, Tay Ninh and Binh Duong.

The leader of the ring was 36-year-old Nguyen Van Binh, police said.

Hundreds of officers belonging to the municipal police force and the Ministry of Public Security raided a coffee shop in HCMC’s District 12 on Wednesday night and arrested Binh, who they said had been running an online betting ring through a website since 2014.

They confiscated several online devices containing evidence of illegal betting apart from cash and other assets.

Binh and his accomplices had rich family backgrounds and were big names in the Saigon underworld, police said. The transactions the ring was involved in over the past five years ran into hundreds of billions of dong, police said.

The illegal gambling ring was being investigated further, they added.

Organizing sports betting remains illegal in Vietnam but various operations have been busted during the World Cup season.

Just a week ago, an illegal online betting ring worth over VND2 trillion ($89 million) was busted and at least 10 people arrested in several cities and provinces.

Last month, another online gambling ring using the web portal 12bet was busted. Four suspects were arrested and a total of over VND300 million in cash, computers and phones were seised.

Source: e.vnexpress.net

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Advertisement

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.