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HomeCasinoVietnam Police Bust $1.9m Unlawful Soccer Betting Syndicate

Vietnam Police Bust $1.9m Unlawful Soccer Betting Syndicate


Soccer ball painted like Vietnam flag

Police in Vietnam have busted an unlawful $1.9m betting ring centered on Euro and Copa America soccer video games. [Image: Shutterstock.com]

Police in Vietnam’s Quang Nam Province have busted an unlawful sports activities betting ring reported to have made large cash in just a bit over every week.

a complete of over VND50bn ($1.9m) inside eight days

In response to VN Specific, the soccer betting ring’s transactions hit a complete of over VND50bn ($1.9m) inside eight days. The massive quantity of betting motion displays the temper in soccer-loving Vietnam as two main tournaments are at the moment underway, particularly Euro 2024 and the Copa America.

As in Thailand not too long ago, the place police arrested over 1,500 suspects caught betting illegally on the European match in Germany, felony gangs in Vietnam are additionally profiting from the soccer betting window bonanza.

On Monday, nonetheless, police arrested over 20 folks suspected as being a part of the $1.9m betting ring centered on the Euro and Copa tournaments. Officers named Nguyen Huu Loc, a 41-year-old resident of the central Vietnam province the place the busts occurred, because the ring’s mastermind.

In response to media experiences, police summoned Loc and over 20 others for questioning on June 30. After investigating information relationship from Might 23, authorities on Monday had sufficient to arrest the group on organized on-line playing expenses.

In Vietnam, sports activities betting and most different types of playing are unlawful.

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