HANOI -- Police in Vietnam broke up an online gambling ring that had handled more than $1 billion in bets and arrested 22 people, reports said Saturday, in what is believed to be the largest-ever internet betting operation in the communist country. Most forms of gambling are illegal for locals in Vietnam but black market betting flourishes, especially on sports. Massive raids in cities and provinces across the country this week came after the discovery of hundreds of thousands of accounts tied to a ring processing an estimated $1.28 billion in funds, state-run Thanh Nien newspaper said. The gambling ring was operating in a "sophisticated manner that had been ...
Keep on reading: Vietnam police bust $1B illegal online gambling ring
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