{"id":7547,"date":"2014-06-25T18:46:29","date_gmt":"2014-06-25T18:46:29","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2014\/06\/25\/macau-busts-645-million-in-illigal-world-cup-betting-ring\/"},"modified":"2014-06-25T18:46:29","modified_gmt":"2014-06-25T18:46:29","slug":"macau-busts-645-million-in-illigal-world-cup-betting-ring","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2014\/06\/25\/macau-busts-645-million-in-illigal-world-cup-betting-ring\/","title":{"rendered":"Macau busts $645 million in illigal World Cup betting ring"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\n<img decoding=\"async\" src=\"http:\/\/i61.tinypic.com\/2n6rtja.jpg\" alt=\"\" \/><br \/>\n\t<span style=\"font-size: 185px\">Macau&#8217;s legal gambling revenue dwarfs that of Las Vegas, but illicit betting rackets continue to thrive.<\/span><\/p>\n<p>\tBy Sophie Brown, CNN<\/p>\n<p>\t(CNN) &#8212; Police have smashed an illegal betting syndicate in Macau for allegedly taking the equivalent of US$645 million in bets on World Cup matches.<br \/>\n\tIt&#8217;s believed to be the biggest ever raid on an illicit football bookmaking racket in the Asian casino capital, according to police.<\/p>\n<p>\tThe gambling ring used three hotel rooms to take internet and phone bets from around the world, a first coordinator for the Macau Judiciary Police told CNN. One gambler placed a bet valued at around US$5 million, initial investigations found.<\/p>\n<p>\tPolice arrested some 22 people from mainland China, Hong Kong and Malaysia in the raid on Thursday. Two of the suspects, from China and Malaysia, were believed to be the ringleaders of the syndicate.<\/p>\n<p>\tOfficers seized cash worth around US$248,000, along with 17 computers, at least 10 cell phones, and betting slips.<\/p>\n<p>\tA second gambling syndicate was busted in the same hotel hours later, with police arresting four Chinese men early Friday morning. According to police, the second betting ring took around US$645,000 in illegal bets on World Cup matches in a single day.<\/p>\n<p>\tPolice have not released the name of the hotel.<\/p>\n<p>\tThe arrests are part of a cross-border campaign to crack down on illegal betting in Macau, Hong Kong and China&#8217;s southern Guangdong province around the World Cup. Authorities from the Pearl River Delta region are also cooperating with Interpol and seven other Asian nations to tackle illicit gambling.<\/p>\n<p>\tMore than half of the world&#8217;s illegal sports bets are placed in Asia, according to a recent study by the International Center for Sport Security and Paris Sorbonne University.<\/p>\n<p>\tSince the tournament began, Hong Kong police have arrested a total of 39 suspects over illegal gambling and seized betting slips worth around US$10 million, according to the South China Morning Post.<\/p>\n<p>\tThe city&#8217;s legal gambling authority, the Hong Kong Jockey Club, is the second biggest betting operator worldwide. The club said illicit sports betting in Hong Kong generated an estimated HK$500 billion (US$64.5 billion) last year &#8212; almost four times the amount the Jockey Club turned over in the same period.<\/p>\n<p>\tIn Singapore, 15 people have been arrested for allegedly receiving illegal football bets equivalent to US$640,000 in the past two weeks, police said Monday.<br \/>\n\tPolice in Malaysia have also arrested dozens of suspected illegal bookmakers since the World Cup began.<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<p>No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau&#8217;s legal gambling revenue dwarfs that of Las Vegas, but illicit betting rackets continue to thrive. By Sophie Brown, CNN (CNN) &#8212; Police have smashed an illegal betting syndicate in Macau for allegedly taking the equivalent of US$645 million in&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-7547","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/7547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=7547"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/7547\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=7547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=7547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=7547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}