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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.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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