Law enforcement officials in Vietnam have announced that they've shut down a gambling ring that facilitated hundreds of millions of dollars in bets.
Authorities arrested Nguyen Thi Kheo , who served as the director of Asian Livetech, a company that specialized in software (as well as illegal gambling, apparently). The group was found to be operating the gambling site ibet789.com, which facilitated an array of bets. As of press time, the site remained active, but police walked out of the office with computers, servers, and other evidence, so it's unlikely that the site will be running much longer.
The site was known for facilitating sportsbetting, lottery, and casino games and offered its services throughout Asia, with a key focus on Vietnam and Cambodia. Police said that the investigation had been going on for months, and comes just a few months after the country announced that they'd be looking to relax gambling restrictions, eliminating online gambling in exchange for shops where players can bet up to VND 1 million per day.
Comments
Hundreds of millions of dollars is quite a sum to be facilitated, especially illegally. When you have an illegal business it is just a matter of time when you will get caught.
It's something quite usual in this part of the world and closing just one of these sites it's not a great success for the authorities but at least they doing something, it's unfair battle though.