jumio.jpg
jumio.jpg
jumio.jpg
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2019 AffiliateCon
NEWS 29 April 2019

Vietnamese police shut down $1bn online gambling operation

By Nathan Joyes

Vietnamese police have raided and shut down an illegal online gambling ring which handled more than $1bn, arresting 22 people in the process.

In what is believed to be the largest ever online betting operation in Vietnam, the gambling organisation was operating in a “sophisticated manner that had been so difficult to detect,” the police commented.

The raids took place across the country last week and police discovered hundreds of thousands of accounts tied to a ring worth an estimated $1.28bn.

Of the 22 who were arrested, 12 are thought to be the main organisers.

Police declined to comment about any further information, as investigations remain ongoing.

Vietnam recently began to relax its rules on gambling, allowing Vietnamese residents to bet in casinos on a trial basis.

Last week, former Chief Inspector of the Vietnamese Information Ministry, Dang Anh Tuan, was arrested for his involvement in an online gambling ring.

RELATED TAGS: Online | Industry | Sports Betting | Legal & Regulatory
DISCUSS THIS ARTICLE
46_2019_bbin.gif
GI FRIDAY: WEEKLY NEWSLETTER
THE GI HUDDLE PODCAST
NEW! #006 - LISTEN NOW
Gaming Industry Conferences (22:37)
#005 - LISTEN NOW
The role of gambling media (27:11)
#004 - LISTEN NOW
What is the role of a Gambling regulator? (29:09)
#003
The Future of Gambling Sponsorship in Sport (30:50)
ANALYSIS
MUST READ
IN-DEPTH 3 December 2019
Will Nevada be the US' greenest state?
READ MORE

PREMIUM CONNECTIONS