An alleged illegal soccer gambling operation that generated an estimated HK$500 million (US$64.5 million) in bets on the FIFA World Cup has been broken up by Macau police.
On Thursday 22 people were arrested – including 9 Malaysians, 9 Chinese mainlanders and 4 Hong Kong residents.
A spokeswoman for Macau’s Judiciary Police confirmed to GGRAsia the betting volume involved, correcting a posting on China News Service’s English-language website that referred to HK$5-billion worth of bets.
On Friday morning in an unrelated case, Macau police arrested four people from mainland China suspected of generating up to HK$5 million from another alleged illegal soccer gambling ring, said the Judiciary Police spokeswoman.
Feb 01, 2023Most of Macau’s casino operators are likely to generate positive free cash flow in the first quarter, given the robust recovery level of mass-market gross gaming revenue (GGR) in January, relative...
”Momentum is expected to grow as mainland China recently reopened its borders, and this presents a substantial growth potential for us as historically a large portion of our clientele came from China”
Non-executive chairman of Donaco International