Illegal bets worth $680m uncovered

Published November 24, 2007

SINGAPORE, Nov 23: Interpol has uncovered $680 million worth of illegal football betting across Asia after a series of raids, Singapore police said on Friday.

Planning for the raids took place from June and was timed to match the start of major football seasons, with illegal betting found in all the participating countries including Singapore, China, Hong Kong, Macau, Malaysia, Thailand and Vietnam.

In Singapore, police arrested 20 people.

Those convicted of acting as an illegal bookmaker face a fine of between S$20,000 and S$200,000 ($138,800) and a maximum jail term of five years, while those betting illegally face a 6-month jail term.

“Increasingly football betting has become one of the more popular forms of gambling activity amongst Singaporeans,” a police statement said.

“There are numerous legitimate avenues for this betting – some people still prefer to place bets with the illegal football bookmakers.”—Reuters

Opinion

Editorial

China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...
United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.