China Jails 68 in Online Gambling Ring Bust Worth $78 Billion

Advertisement
By Reuters | Updated: 5 July 2014 09:57 IST

China has jailed 68 people for up to nine years for online gambling, state media said on Friday, making it the country's largest such bust of a ring, which was valued at $78 billion.

The group operated in the southern province of Guangdong via overseas gambling websites between March 2008 and April 2013, using the sites to lure bettors and take commissions, the official Xinhua news agency said.

"Of those convicted, 55 were found guilty of opening online casinos, seven guilty of gambling and six guilty of both crimes," Xinhua said, citing a court in the provincial capital, Guangzhou.

Advertisement

Prosecutors said the ring was run within a circle of friends and relatives like a pyramid scheme, Xinhua reported. They were given sentences between one year and five months and nine years, and ordered to pay fines up to 20 million yuan ($3.2 million).

Gambling has been illegal on mainland China since 1949, though a state lottery does operate.

Underground rings have drawn gamblers in increasing numbers in recent years, Xinhua said.

The southern Chinese territory of Macau, a special administrative region, runs a string of legal casinos. Two horse racing tracks operate in nearby Hong Kong.

© Thomson Reuters 2014
 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. Ram Charan's Peddi OTT Release Confirmed: What You Need to Know
  2. Apple Pay Could Soon Be Available in India With Tap-to-Pay Support: Report
  1. Shambala Now Streaming Online: What You Need to Know About Aadi Saikumar Starrer Movie
  2. Deepinder Goyal to Step Down as Eternal CEO; Blinkit’s Albinder Dhindsa Named Successor
  3. Microsoft CEO Satya Nadella Says AI’s Real Test Is Whether It Reaches Beyond Big Tech: Report
  4. Meta's New AI Team Delivered First Key Models Internally This Month, CTO Says
  5. Apple Pay Reportedly Likely to Launch in India Soon; iPhone Maker Said to Be in Talks With Card Networks
  6. Netflix Will Now Pay All Cash for Warner Bros. to Keep Paramount at Bay
  7. Xbox Game Pass Wave 2 Lineup for January Announced: Death Stranding Director's Cut, Space Marine 2 and More
  8. Best Laser Printers with Scanners That You Can Buy in India Right Now
  9. Samsung Sound Tower 2026 Lineup Launched in India With Up to 18 Hours of Playback, 240W Output: Price, Features
  10. iPhone 18 Pro, iPhone 18 Pro Max to Feature Centre-Aligned Selfie Camera Housed Inside Smaller Dynamic Island, Tipster Claims
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.