Turkish Minister Wants to Seize Online Gambling Site Funds

This story was published more than 2 years ago.

This week Turkey's Finance Minister Naci Agbai announced that he wants to seize money from online gambling sites operating in the country illegally.

The revelation comes from the Milliyet newspaper which quoted the politician as saying that he and the government are taking steps to seize some of the money being wagered illegally in the country. The announcement comes two months after the country revealed that they're implementing a two year crackdown on gambling of all forms. The country believes that Turkish players wager 40 billion liras annually.

The Turkish government is not looking to legalize or liberalize their gaming markets, as Agbai claims that online operators are run by international criminal networks. The country currently has a sportsbetting monopoly and the government clampdown on outside betting will likely cause many big-name groups to pull out of the market. Currently, there are several big-name operators offering services in the country

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.