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Major Online Gambling Ring in Cambodia Found by China With Numerous Arrests

Busted! An online gambling ring of significant size in Cambodia has been detected and closed by China.

The illegal operation was found in the Sihanoukville region. Action by China is in line with previous gambling bans.

According to news reports, police in Jiangxi’s provincial capital Nanchang have disrupted a “large-scale multinational” online gambling operation. Apparently it has accepted wagers worth over RMB30b (US$4.3b) from a vast customer base consisting of more than 1.2m bettors.

More than 200 support staff of the ring were arrested in two facilities. There were six organizers, among them the ringleader, Wu Moumou, who has been brought back to China to face charges.

The Sihanoukville ring ran a number of websites with names like Golden Lisboa and Macau Casino. Sources say there may be a relationship between them and Macau-licensed casino operators.

Cambodia has already taken action to end online gambling licensing resulting in the departure of numerous Chinese nationals. The exodus is such that China has just agreed to “special discussions on grants to support development” of non-gaming business ventures in Sihanoukville.
When asked for comment, Cambodian Prime Minister Hun Sen announced funding for the action in a Facebook post. Of note, China’s Premier Li wholeheartedly supports Cambodia’s new online gambling stance. China will offer to develop projects in the region to offset the economic impact of the gambling ban.

Source: https://calvinayre.com/2019/11/05/business/china-cambodia-online-gambling-bust/

About the author

Carol Kay

Carol Kay

Carol Kay is an American editor and writer living in California with a background in business and finance, health and fitness and popular culture. She is the author of numerous books and articles on a variety of subjects. She is dedicated to disseminating information of public import on the internet.

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