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$26M online betting ring busted

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Vietnamese police broke up an online football gambling ring worth around $26 million, arresting four people as authorities look to stop black market betting that surges during sporting events like the ongoing World Cup.

Gambling is illegal in Vietnam apart from the state-run lottery and a few casinos which are only open to foreigners.

But the law is widely flouted, especially during top-tier sports competitions when many punters head online or to illegal gambling dens to try their luck.

The four people were arrested in Ho Chi Minh City on Friday, according to a report published the same day in the police’s official Cong An Nhan Dan newspaper. Several others were also summoned for questioning.

The suspects allegedly admitted to operating transactions through a website hosted in the Philippines. AFP

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