A Shanghai-based illegal gambling ring which allowed Chinese users to play online poker and bet on Premier League football, among other activities, has been busted by the authorities. The ring allegedly handled bets of over 70 billion RMB ($11 billion).
Shanghai police broke up the ring in July, seizing 13 million yuan and arresting more than 50 people after a three-month investigation, it said.
The group was estimated to have handled bets estimated to be worth more than 70 billion yuan in the January to July period this year, the newspaper said, describing it as China’s biggest such case by value.
The gambling website used overseas servers while its more than 20 allied websites were mainly based in Southeast Asia and operated by overseas Chinese, the official Xinhua news agency and the Global Times said.
Gambling is illegal in mainland China but something of a national pastime. Over 40% of the GDP of the Macau SAR is generated by its 33 casinos.
Join Shanghaiist for the Hairy Crab & Sex Museum Tour on Nov 3-4! Click below image to find out more: