Chinese Authorities Crack Down on Underground Soccer Gambling Rings
Christl Leong | | Jun 21, 2014 05:24 AM EDT |
(Photo : Reuters / Christian Hartmann) The Ladbrokes and PaddyPower Sport betting websites.
Chinese authorities are bent on cracking down underground gambling syndicates, especially soccer gambling rings, after seeing an increased number of illegal betting activities since the beginning of this year.
In a press conference on Wednesday, Zheng Zehui, Guangdong's social security bureau director, said online bookies that accept illegal betting are on the rise especially after the World Cup kicked off last June 13.
Like Us on Facebook
"Special efforts will also be made to crack down on gambling gangs, bankers, key members and beneficiaries," Zheng said. "Anyone who illegally organizes online soccer betting during the World Cup will have violated relevant laws and regulations and police will spare no effort to fight the crime," he added/
While there are a handful of legal sports betting operators in China, a report by a sports monitoring group suggests that soccer gambling fans may prefer underground online betting sites with higher prices and odds. Bookies and other online gambling sites illegally operating have wider variety of bet types and credit. Reports attributed the higher available stakes to non-payment of taxes.
Even before the World Cup in Brazil, Guangzhou police have arrested 42 people after a raid of a suspected online gambling ring in Panyu district. The raid took place on May 25, during the UEFA Champions League Final.
According to China Daily, the online gambling site, which opened early April, had transacted at least 380 million yuan (roughly US$61 million) worth of bets until May 23. Several computers and electronic equipment were seized and 120 bank accounts containing more than 1.2 million yuan (US$192,786) were frozen.
It is believed that at least a hundred local business executives had participated in the betting site, China Daily reported.
Guangdong officials have also worked closely with Macau police in a joint cross-border operation to bring down what authorities referred to as Macau's biggest illicit soccer-betting ring to date.
Preliminary investigations showed that the syndicate had dealt World Cup bets amounting to HK$ 5 billion, said Macau police spokesman Suen Kim Fai.
Twenty nine people were arrested and slips amounting to $100 million in bets in football and horse racing were seized.
In Shenzhen and Meizhou, some 66 suspects linked to an illegal gambling operation were apprehended on June 7. Investigations are still ongoing, but police were able to trace 66 bank accounts containing bets worth about 6 million yuan. The accounts were frozen pending further investigation.
Four other areas - Chaozhou, Foshan, Huizhou and Shantou - have also seen crackdowns on major online gambling rings in recent months.
Overall, Guangdong police have arrested a total of 58,154 suspects across 1,651 criminal gambling cases since the beginning of the year until June 13.
TagsFootball, Chaozhou, Foshan, Guangzhou, Huizhou, Shantou, UEFA, Zheng Zehui, betting, bookee, booker, Hong Kong, bet, illegal soccer betting
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?