Asia

Vietnam Police Busts $69 Million Online Gambling Ring

Published

5 years ago

August 14, 2019

Niji Narayan

Photo source: thereshegoesagain.org

Reading Time: < 1 minute

Vietnam police have busted a gang that allegedly helped gamblers bet VND1.6 trillion ($69 million) through b8ag.com and arrested 13 people. The authorities have seized cash worth $240,000, eight cars, several computers, phones and other items.

The Ministry of Public Security said that six people would be charged with organising gambling and the others with gambling.

Hoang Lai Nam, 41, of Hanoi, one of the suspects, ran the gambling operation through a multilingual website hosted on an overseas server. It was mainly active in Hanoi, Hai Phong, Thai Binh, Ho Chi Minh and Ba Ria – Vung Tau.

Vietnam has considerably relaxed its stance on gambling as a “social evil,” legalising sports betting in 2017 and allowing people aged over 21 with a monthly income of at least VND10 million ($445) to play in a casino in the southern Phu Quoc Island on a pilot basis. But all other forms of gambling remain illegal.

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Niji Narayan

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.