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Web Gamblers Busted in Vietnam

by Newsdesk

Tue 22 Jan 2013 at 03:32

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Vietnam’s Ministry of Public Security says it has broken up the largest illegal online gambling operation in the country’s history.

Online news portal VietNamNet reports that eight people were arrested—five in Ho Chi Minh City and three in Hanoi—in connection with the ring, which offered a range of race and sports bets and allegedly was transferring millions in USD out of the country on a daily basis.

Among the accounts police say they uncovered was one reported to contain up to 10 trillion Vietnam dong (about US$470 million).

According to investigators, the ring was founded in the Philippines and was introduced to Vietnam in early 2011.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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