Over the years, there have been some exciting illegal gambling ring busts and mostly in Asia where the sums have reached astronomical amounts.
There are at least several noteworthy examples of illegal gambling rings today that were able to secretly generate eye-popping revenue and went undetected for years.
Places such as Canada and the United States prefer a more discreet way of doing business whereas Asian gambling rings are adopting online technologies in a bid to reach millions of potential gamblers.
The $2.6 billion ring was running on a website called No Hu or “break the bank” when translated into English.
No Hu operated in both the digital and physical domains with the website’s “foot soldiers” located all over Hanoi, Vietnam’s capital, and always within reach to offer credit to players looking to play more.
The ring was active from 2018 through 2020 when Vietnamese police arrested 16 individuals and effectively ended the country’s largest gambling ring to date.
Police planted inside men who gradually worked their way up in the organization and figured out how it operated. It took years, though, as the gambling dens were continually shifting locations, without informing clients or trustees beforehand.
There are at least several noteworthy examples of illegal gambling rings today that were able to secretly generate eye-popping revenue and went undetected for years.
Vietnam’s $2.6bn Gambling Bust
In May 2020, Vietnamese police busted a $2.6 billion online gambling ring. Pent-up demand for gambling in Asia has made organized criminals bolder in the way they push their illegal operations.Places such as Canada and the United States prefer a more discreet way of doing business whereas Asian gambling rings are adopting online technologies in a bid to reach millions of potential gamblers.
The $2.6 billion ring was running on a website called No Hu or “break the bank” when translated into English.
No Hu operated in both the digital and physical domains with the website’s “foot soldiers” located all over Hanoi, Vietnam’s capital, and always within reach to offer credit to players looking to play more.
The ring was active from 2018 through 2020 when Vietnamese police arrested 16 individuals and effectively ended the country’s largest gambling ring to date.
Seoul’s Notorious Gambling Den
Another example of a gambling ring is the one run in Seoul, South Korea. The gambling ring in Seoul operated between 2011 and 2017 when it was busted by police. Yet, figuring out the entire business wasn’t an easy task.Police planted inside men who gradually worked their way up in the organization and figured out how it operated. It took years, though, as the gambling dens were continually shifting locations, without informing clients or trustees beforehand.
