Vietnamese police have smashed another major online gambling ring, worth $859M USD, this time in northern Hung Yen Province.

According to local media outlet VNExpress International, Police have reportedly made 20 arrests and seized mobile phones, computers, SIM cards, and around VND2 billion ($85,963 USD) in cash as evidence, and more than 100 bank accounts have been frozen. 

Authorities believe the illegal ring has been operating since 2018, and it is the largest uncovered in the province to date. 

Apparently, four “masterminds” managed five level-one agencies, operating five different gambling websites hosted on an international service. Under each level one-agency was multiple level-two agencies, spread across Vietnam. 

The agencies provided gamblers with contact information so players could get in touch with each other and undertake gambling transactions. 

Only last month police in the capital Hanoi took down an illegal online gambling operation thought to have been worth around $2.6 billion USD in revenue. 

AYO.NEWS says:

The sheer scale of illegal online gambling in Vietnam is staggering, and must surely beg the question of whether it would be better for the government to legalise and regulate online gambling – keeping people safer, letting the police concentrate resources on other crimes, and bringing in substantial tax revenue

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