USD 3 billion

Chinese police released illegal gambling figures

(China).- With the football World Cup now concluded, Chinese police have issued a broad national figure on just how much Chinese punters wagered on the illegal sites that the law enforcement agency knew about and dismantled.
2014-07-15
Reading time 28 seg
(China).- With the football World Cup now concluded, Chinese police have issued a broad national figure on just how much Chinese punters wagered on the illegal sites that the law enforcement agency knew about and dismantled.

A series of major police actions hammered several big illegal betting enterprises, with records showing that up to US$3 billion in wagers on football were facilitated – mostly through internet websites.

Betting is banned in China, except where it is run by the government’s sports lotteries, which themselves reported record action of over US$1.6 billion during the football spectacular.

More than 108 individuals were arrested in several big raids, police have revealed, acknowledging that more illegal gambling was probably on-going that has not yet been discovered.

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