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MULTI-MILLION DOLLAR ONLINE GAMBLING RING BUSTED IN VIETNAM

Sunday January 25 ,2015 : MULTI-MILLION DOLLAR ONLINE GAMBLING RING BUSTED IN VIETNAM
 
Ten arrested in police swoop.
 
Tuoi Tre News in Vietnam reports that the police have dismantled an illegal online gambling ring and arrested ten individuals involved in the enterprise, including the ringleader, 33-year-old To Cong Hung, a gay magazine owner based in Ho Chi Minh City.
 
The business's servers were located in the Philippines, a police spokesman revealed, claiming that total wagers placed through the ring were $47 million
 
Investigations to date show that Hung managed the illegal business for several months, arranging for his sister and other associates to create bank accounts in order to receive money from gamblers across the country and internationally.
 
The money was later converted into virtual currency and points on a website called 12bet.com for online gambling under various forms, mostly sports betting, the spoksman claimed.
 
Millions of U.S. dollars of illegal gambling money were transferred to gamblers abroad each month, police said.
 
Police investigations continue.
 
In related news, the Thanhnien News reports that on Friday six South Korean nationals were deported from Vietnam for operating illegal online gambling sites that had attracted 4,000 players.
 
The Koreans, mostly in their 30s, were arrested Wednesday at a villa in the southern province of Ba Ria -  Vung, and confessed that their leader was Korean national Choi Hojun, who had sent them to Vietnam to operate gambling sites targeting Korean players.
 
Hojun managed to escape before the raid, and is still being sought, police said.
 
Three Korean police investigators were sent to Vietnam to help with the raid, and they escorted the deportees back to their homeland.
 
Last year Ho Chi Minh City deported 14 South Koreans after fining them $470-940 each for operating an online sports betting site.



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Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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