altenar2.gif
altenar2.gif
altenar2.gif
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2019 AffiliateCon
NEWS 13 August 2019

Vietnamese police close $69m online gambling ring

By Nathan Joyes

Vietnamese police have arrested 13 people in Hanoi who allegedly helped gamblers bet $69m through b8ag.com.

The operation was run through a website which was hosted on an overseas server. It is believed Hoang Lai Nam, 41, was in charge.

The activity was largely found in Hanoi, alongside Hai Phong City, Thai Binh Province and Ho Chi Minh City.

As well as the arrests, Vietnamese authorities seized eight cars, multiple computers and mobile phones, worth around $240,000.

In 2017, Vietnamese authorities legalised sports betting for citizens aged over 21 and allowed people with a monthly income of at least ₫10m ($445) to play in a casino in the southern Phu Quoc Island.

Online gambling in Vietnam however, remains legal. Police are continuing to investigate the situation.

RELATED TAGS: Online | Industry | Sports Betting | Legal & Regulatory
DISCUSS THIS ARTICLE
n2live.jpg
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 11 October 2019
Landing on a monopoly
READ MORE
PREMIUM CONNECTIONS