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The Straits Times reports that Singapore police raided the land base of an Internet sports gambling ring as the week commenced, arresting 10 men and confiscating cash and computer-related property.
The raid, which police claim has effectively disabled the football-betting focused ring, is the latest in a series mounted by police which so far has seen the arrests of 1 566 people for illegal gambling, mainly on the Internet, since 2007.
In the latest bust, the ring operated by placing soccer bets on an unidentified website, with financial transactions were made through bank transfers.
The arrested men, all Singaporeans aged between 27 and 43, were picked up after the Criminal Investigation Department (CID) raided several flats and condominium units in Ang Mo Kio, Bishan, Senoko and Yishun. Besides the 28-year-old syndicate leader, bookies and punters were also arrested.
Almost $115 000 in cash and items like desktop computers, laptops, thumb drives, ATM cards and cellphones were also seized.
All suspects have been released on bail pending further investigations.
Poker Maximus comes to Lock Poker -
2.9.2012 : Kicking off on Sunday March 4th there will be a minimum of 3 events every single day finally wrapping up on the March 25th with a $200,000 Guaranteed Main event.
New game a football betting first claims company -
02/09/2012 : The UK Football League's exclusive data distributor, SIS, has in collaboration with Contagious Sports launched a new pool-based game which will for the first time allow bettors to bet into an in-running pool on live football matches to win jackpots.
VERNONS LAUNCHES UK MEDIA CAMPAIGN -
02/09/2012 : Vernon's recently launched British-facing online casino and poker room Vernons is launching an extensive television and social media campaign to capture a bigger slice of the market by creating brand awareness.
SECOND HEARING FOR UK ONLINE GAMBLING REFORM BILL -
02/09/2012 : A bill covering the taxation of offshore bookmakers introduced by Conservative MP Matthew Hancock was heard in the House of Commons earlier this week and has been given a second reading scheduled for March 30, 2012.
BETCLIC FILES COMPETITION COMPLAINT AGAINST PMU -
02/09/2012 : Online gaming company Betclic has filed a claim of unfair competition against Pari Mutuel Urbaine with the French Competition Authority, according to French journal Les Echos.
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