Prosecutors in Macau have indicted 59 people swept up in a sports betting sting earlier this month. All but two have been released on bail. The illicit operation purportedly reaped millions per week during the recent UEFA Euro 2024 tournament.<\/p>\n
The Macau Public Prosecutions Office has indicted 59 people allegedly involved in an online sports betting ring. Two of the defendants remain under pre-trial detention. The rest have been released on bail, with orders not to leave the city. <\/p>\n
A total of 93 people were arrested in the 2 July sting in Macau, Hong Kong and Guangdong. Policeseized MOP88.4m (8.5m\/196.2m\/US$11m) in cash and froze bank accounts containing MOP22.1m. <\/p>\n
The websites, based outside Macau, took bets on football and basketball games. They reportedly generated aboutMOP72m per week during the recent UEFA Euro 2024 tournament. <\/p>\n
Authorities estimate the illegal operation has pulled in more than MOP1.08bn since 2016. <\/p>\n
Online gambling is illegal everywhere in China, including Macau, a special administrative region (SAR) and the worlds top casino market. The charges carry penalties of up tothree years in prison. <\/p>\n
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In Macau, most suspects bail out in illegal sports betting case - iGaming Business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Prosecutors in Macau have indicted 59 people swept up in a sports betting sting earlier this month. All but two have been released on bail Continue reading