Tag
"Illegal Betting"
2 results found
Regulation
South Korea arrests 172 people over a betting scheme built on accounts belonging to deaf residents
Busan police say a criminal network ran roughly $220 million in illegal betting through bank accounts belonging to hearing-impaired residents, with a sign language interpreter allegedly acting as the recruiter.
Regulation
The UN puts illegal betting at $1.7 trillion a year — and its center of gravity has shifted to Southeast Asia
A UNODC report estimates the global unlicensed betting market at $340 billion to $1.7 trillion a year, tracing much of its infrastructure to Southeast Asia and ties to organized crime.
