Police in Vietnam Close $130 Million Gambling Ring

This story was published more than 1 year ago.

A huge $130 million gambling ring operating in Vietnam has been shut down by police, as a raid in the Ha Tinh province was conducted.

The rings were being run by a gang, and used two online betting services to run their racket. There were 1,566 accounts tied to the ring, with about a third being used for gamblers. The raid had police from five regions, including Ho Chi Minh City, Phu Yen, Binh Dinh, Khanh Hoa, and Ha Tinh.

It's believed that the rings were active for about seven months, meaning that there was about $21.6 million raised by wagers each month.

45 people are being looked at by authorities, with 16 of them being gamblers and the best being involved in the ring's operation.

No comment on the raid was available as of press time.

About the author

Kingston Li // Asia Correspondent
Kingston Li
Kingston is a big fan of Baccarat and Texas Hold'em Poker and has tested his skills in tournaments around Asia and the world. He covers the latest gambling news from Asia for Casino Listings. In his spare time, Kingston enjoys hiking, video gaming, and playing disc golf.
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bgsharpe
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27 September 2019 - 6:28pm
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I'll take a guess here that gambling is not legal in Vietnam and probably that is what create the circumstances for all these illegal rings to pop up literally everyday in this part of Asia in general...obviously the police doing their job properly but probably the thing is there's just too many of that.