China busts major Cambodia-based online gambling ring

Chinese authorities have disrupted a major illegal online gambling operation based in Cambodia’s Sihanoukville region while promising to provide funds to offset the impact of Cambodia’s online gambling ban.

On Tuesday, China’s Xinhua news service reported that police in Jiangxi’s provincial capital Nanchang had disrupted a “large-scale multinational” online gambling operation that authorities claim handled wagers worth over RMB30b (US$4.3b) from a customer base of around 1.2m bettors.

While Jiangxi police led the charge, the ring was based in Cambodia’s Preah Sihanouk province, where some 200 support staff were reportedly arrested at two facilities. Six organizers of the ring, including the alleged ringleader Wu Moumou, have been brought back to China to face the music.

In full: https://calvinayre.com/2019/11/05/business/china-cambodia-online-gambling-bust/

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