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Euro 2016 online football gambling ring Busted
July 7,2016 : MORE ONLINE FOOTBALL BETTING ARRESTS IN ASIA
Hong Kong police break up HK$400 million ring.
The Hong Kong Police has reported what they believe is the breakup of the biggest Euro 2016 online football gambling ring yet, involving around HK$400 million (Euro 47 million) in illegal online bets.
The police raids that dismantled the ring just hours prior to the semi-final between Portugal and Wales also resulted in the arrests of 19 individuals, a police spokesman revealed.
The spokesman claimed the Organised Crime and Triad Bureau raids achieved the single largest seizure of illegal betting records since the Euro 2016 tournament began last month.
In one location which officers searched, they discovered HK$250 million in soccer betting records in a flat.
In raids on other locations police visited apartments in the city and confiscated HK$410,000 in cash, seizing HK$100 million in betting records for soccer games and horse races, and a further HK$300,000 in betting records in another location in the city.
Computers and mobile phones were also confiscated at the three locations.
In a separate operation, police raiding parties working on local intelligence searched several other city apartments, seizing HK$34.2 million in betting records, and arresting two people.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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