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World Cup bets taken alone amounted to GBP 679.9 million
Yet another major Asian betting syndicate has been dismantled by Hong Kong police cracking down on illegal internet betting on the World Cup.
Police spokesmen said this week that the syndicate had taken in 7 billion yuan (GBP 679.9 million) during the World Cup alone, and that its influence and activities extended across southern China and Hong Kong.
74 peole involved in the syndicate have so far been arrested in an enforcement initiative dubbed ‘Operation Copperflame’.
 During several major police actions betting records and equipment associated with online gambling had been seized, spokesmen disclosed. Investigations turned up over 400 different bank accounts used to process the financial aspects of the betting.
"Police are committed to combating illegal bookmaking activities through intelligence-led operations and liaison with neighbouring enforcement agencies during the World Cup tournament," a police statement proclaimed.
The Hong Kong busts are dwarfed by earlier anti-online gambling actions mounted by the mainland China police in which a secretive internet betting network headed by a mysterious character known as ‘Dark Brother’ was smashed. In that operation bets of 100 billion yuan were uncovered.
Asian police forces in several countries have since early June maintained an unrelenting pressure in their efforts to deter gambling on the football World Cup, which concludes in South Africa this weekend.

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Gambling News :

Wanajump Launches - #Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.

Coral Launches player proposition betting product - Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.

Oshi online casino now accepts fiat currencies - The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.

New Standards for UK Online Gambling - Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.

Pennsylvania Gambling Bill 1887 returned with additions - The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.

UKs Advertising Standards Authority vs Ladbrokes - A Ladbrokes Casino email promo has fallen foul of the UKs Advertising Standards Authority who deemed significant terms and conditions concerning bonusing to be unclear or misleading.

Mybet Earnings Struggle - The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

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