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ONLINE GAMBLING BUST IN CAMBODIA
Monday November 4,2013 : ONLINE GAMBLING BUST IN CAMBODIA
25 Chinese and Cambodians arrested in Phnom Penh raids.
The Cambodian police reported over the weekend that a police operation mounted Friday night has broken up an online sports betting ring in the capital Phnom Penh.
25 individuals, including both Chinese and Cambodian nationalities, were arrested and computer equipment was seized in the operation, police spokesmen told the Phnom Penh Post.
Major General Y Sok Khy, chief of the Ministry of Interior’s anti-terrorism police, told the Post that 19 Chinese nationals and seven Cambodian nationals were arrested when police teams raided the offices of a supposedly real estate company in the Tuol Kork district.
“This marks the third crackdown on Chinese [nationals] involved in online gambling in Phnom Penh this year,” the general said, noting that on September 2 this year, a group of 67 multi-national people were arrested in a coordinated bust across three locations in Phnom Penh.
Cambodia’s Law on the Suppression of Gambling, passed in 2006, makes unlicensed betting by land or online illegal.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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