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Chinese Police Bust Cambodia-based Online Gambling Ring Worth $4.3 Billion

George Miller
November 7, 2019
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Chinese Police Bust Cambodia-based Online Gambling Ring Worth $4.3 BillionReading Time: 1 minute

 

Chinese Police have arrested six suspects in connection to a cross-border online gambling ring involving $4.3 billion. The suspects were arrested in Cambodia’s Preah Sihanouk region and have been escorted to China.

An investigation has found that the gambling ring was led by an ex-con surnamed Wu. The online gambling platform reportedly had a userbase of around 1.2 million.

The latest arrest form part of a wider crackdown on online gambling from Chinese authorities in Cambodia. In August, Cambodian Prime Minister Hun Sen announced the banning of online gambling in the country starting from January 1, 2020.


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 Cambodia-based Online Gambling Ring Worth .3 Billion

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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