Online Gambling Ring Tied to Mansion Taken Down

Written by:
Guest
Published on:
Jul/08/2018

The Police Department of High-Tech Crime Prevention (C50) under the Ministry of Public Security in Vietnam arrested Nguyễn Như Hoàng – a member of an online gambling ring via the website named M88.com, in HCM City on Saturday.


Tiếng Việt:  thanhvien@betphoenix.ag

On Sunday, many other members of the ring were also arrested.

Under initial investigation, thousands of gamblers in Việt Nam bet via the website that was hosted in the Philippines. It is estimated that gamblers poured VNĐ2 trillion (US$87.1 million) into the website since 2015.

That website remained up as of Sunday afternoon with heavy promotion of the 2018 FIFA World Cup.

It is owned by Mansion (Gibraltar) Limited, one of the largest betting firms in the world.

- Jagajeet Chiba, Gambling911.com

Gambling News

What Determines the Price of Casino Software

Establishing a gambling project sounds thrilling on paper. However, one of the first questions that challenges many aspiring operators is how costly the content can actually be.

Las Vegas Sands Exits $4B New York Casino Project

The New York casino licensing competition took a dramatic turn when Las Vegas Sands officially withdrew its $4 billion bid for the Nassau Coliseum site on Long Island. This unexpected exit reshapes the race for New York's limited gaming permits.

Syndicate

Subscribe to Syndicate
More