Reading Time: 1 minute
Chinese Police have arrested 36 suspects from Zhejiang Province in connection with a massive online gambling ring. The bust involved approximately $75.8 million and about 810,000 members.
In May, local police conducted raids on the gang’s operations. Arrests took place in Chongqing Municipality, Shenzhen and Chengdu.
Last month, China Public Security Minister Zhao Kezhi promised to stop online gambling taking place across national borders. Several gambling rings have since closed.
Chinese officials recently asked the Philippines to ban online gambling. Much of it is apparently targeting those from China.
The Philippines Amusement and Gaming Corporation (PAGCOR) has instead stopped accepting new license applications for Philippine Offshore Gaming Operations (POGO).
Victor Padilla, PAGCOR head of offshore gaming, claimed none of the Philippines’ licensed POGOs are Chinese-owned companies, nor do they target gamblers within China.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Chinese Police Bust Online Gambling Gang
