Vietnam bursts an illegal casino who used to handle bets worth $3 billions

[stellgod]

Obviously Macau is one of the global hubs for gambling. But the problem with Macau is that the casinos can be very expensive and not everyone from mainland China can afford to go to these casinos and indulge in gambling. That's the reason why a lot of them look for more affordable destinations, such as Vietnam, Myanmar and Cambodia.

I haven't been to Macau but I know that they are the gambling hub and alike Las Vegas in Asia. Most of their customers there are foreigners and that's how the economy in that country relies mostly upon. I have a Chinese relative and what you are saying about being practical of them is true. If they have elsewhere to buy, to gamble or do anything with their money in a cheaper way, they'll go on that place and spend wisely their money for them to save and have discounts.

I am not sure how a casino can be cheap or costly, I mean we decide how much we want to bet when we visit a casino, right? So do they have high base bets or do they charge high service fees or something? I'm sorry but I haven't been to such casinos and I have no idea how to they operate but would like to know why some casinos are considered as cheap while some more royal and costly.

Maybe because I am gambling in online casinos mostly that is the reason I am not versed with how real casinos work and if they charge particular fees for giving you a table or if they charge some fees just to visit the casino.

[fiulpro]

Vietnam authorities are claiming to burst an online casino that used to handle bets worth $3 billion, and what’s surprising is despite getting such huge volumes the casino owner never felt the need to get his casino registered and operate legally.

Further he had deployed a very clever strategy where he had hired people to lure gamblers out, and then he used to pay those people fixed commissions for every deposits the gambler made through them.

Lastly I would request you’ll to wager only on reputed casinos, and check their history before you wager otherwise you may end up loosing your funds to fraudulent online casinos.

Sources:

https://calvinayre.com/2020/05/31/business/vietnam-biggest-ever-online-gambling-bust/

https://www.gamblingsites.com/online-casino/safe/ (Ignore those banners and links, but read those pointers)

Another thing :
When you receive messages from sites and email and stuff , which gives you ridiculous claims and starts from :
Hello Dear , this is 0% professional , this is a SCAM! You should understand that you should never go on these sites and even give your personal information.
Even if they call them it's not supposed to work that way ! A reputed site does not have that much time to actually call each and every person they might think will play bets .

For example this is a message received few days back:

Congratulations Dear,

Get Rs. 2000 Welcome Bonus.



Play Rummy Now & Win Cash



Register For Free ua9.me/clb0qn



To Optout : SMS "OPTOUT" to 575758

Someone tell these scammers that professional companies don't use DEAR!!!

*_*_*_*

Review the sites that you are using , sites like BTCGOSU the one am working for have reviews about the sites and such .

Don't ever think about making money , think about being safe first.

[bitbunnny]

To my opinion Asia has very big and developed gambling industry. People who come there to gamble, like in Macau have great deal of money to play for. Big money is involved there and where is big money, there are big interests, especially from organized crime, it's no wonder. In places like that you should be very careful, otherwise you might get involved in not so very nice stuff.

[bitcoinisbest]

Vietnam authorities are claiming to burst an online casino that used to handle bets worth $3 billion, and what’s surprising is despite getting such huge volumes the casino owner never felt the need to get his casino registered and operate legally.

Further he had deployed a very clever strategy where he had hired people to lure gamblers out, and then he used to pay those people fixed commissions for every deposits the gambler made through them.

Lastly I would request you’ll to wager only on reputed casinos, and check their history before you wager otherwise you may end up loosing your funds to fraudulent online casinos.

Sources:

https://calvinayre.com/2020/05/31/business/vietnam-biggest-ever-online-gambling-bust/

https://www.gamblingsites.com/online-casino/safe/ (Ignore those banners and links, but read those pointers)

Another thing :
When you receive messages from sites and email and stuff , which gives you ridiculous claims and starts from :
Hello Dear , this is 0% professional , this is a SCAM! You should understand that you should never go on these sites and even give your personal information.
Even if they call them it's not supposed to work that way ! A reputed site does not have that much time to actually call each and every person they might think will play bets .

For example this is a message received few days back:

Congratulations Dear,

Get Rs. 2000 Welcome Bonus.



Play Rummy Now & Win Cash



Register For Free ua9.me/clb0qn



To Optout : SMS "OPTOUT" to 575758

Someone tell these scammers that professional companies don't use DEAR!!!

*_*_*_*

Review the sites that you are using , sites like BTCGOSU the one am working for have reviews about the sites and such .

Don't ever think about making money , think about being safe first.

This are the easy tricks for them to make money, because they show you such fantastic deals like giving good amount of credit and might be initially they will make you win as well and then once you start liking it then you will start losing the money . Also, young age people feel like it is so easy to win or make money form this sites and they would fall in such traps.

[peter0425]

To my opinion Asia has very big and developed gambling industry. People who come there to gamble, like in Macau have great deal of money to play for. Big money is involved there and where is big money, there are big interests, especially from organized crime, it's no wonder. In places like that you should be very careful, otherwise you might get involved in not so very nice stuff.

Thats it mate.Macau and even Philippines are encouraging gambling businesses to enter their country and invest on it.
Though because of many critics the Philippine government implements strict rules towards gambling.
In gambling world there are so many syndicated groups that runs on every casino.
Here there are kidnapping happening for those gamblers that cannot pay their loans and forcing their family to pay the debt.

[smyslov]

Macau is one of the most law-abiding territories in Asia. It is well known for its gambling industry, but organized crime and fixing is very rare. Most of the casinos are owned by well known companies. And perhaps that is the reason why many of the Chinese and other gamblers prefer less well known destinations such as Cambodia and Vietnam.

One of the reasons for this is they evade taxes casinos pay million in taxes, so instead of paying the government they prefer to pay corrupt government officials and the police officials so they can evade arrest, their underground operations is hard to track because the authorities that supposed to catch them are the one protecting their casinos, it's their cash cow of course.

[dimonstration]

To my opinion Asia has very big and developed gambling industry. People who come there to gamble, like in Macau have great deal of money to play for. Big money is involved there and where is big money, there are big interests, especially from organized crime, it's no wonder. In places like that you should be very careful, otherwise you might get involved in not so very nice stuff.

Thats it mate.Macau and even Philippines are encouraging gambling businesses to enter their country and invest on it.
Though because of many critics the Philippine government implements strict rules towards gambling.
In gambling world there are so many syndicated groups that runs on every casino.
Here there are kidnapping happening for those gamblers that cannot pay their loans and forcing their family to pay the debt.

Philippines was trying to be stricter in gambling especially now that many are stay at home or no work that are looking for money, same with how strict they are now in eliminating drugs, in gambling they wanted only legal and registered gambling places exist. However, they can't still monitor those who are online since government technology maybe not sufficient yet to monitor and determined it as well some officials might be connected in those illegal, Vietnam moves can push more countries to close those illegal casino.

[Vishnu.Reang]

Macau is one of the most law-abiding territories in Asia. It is well known for its gambling industry, but organized crime and fixing is very rare. Most of the casinos are owned by well known companies. And perhaps that is the reason why many of the Chinese and other gamblers prefer less well known destinations such as Cambodia and Vietnam.

One of the reasons for this is they evade taxes casinos pay million in taxes, so instead of paying the government they prefer to pay corrupt government officials and the police officials so they can evade arrest, their underground operations is hard to track because the authorities that supposed to catch them are the one protecting their casinos, it's their cash cow of course.

It's not just the taxes. There are gamblers who want to launder their dirty money through the casinos (in most cases, earned from narcotic trade and human trafficking). If they gamble through the legal casinos in Macau, then the money trail will be visible to the authorities and in the long term they will land in hot soup. These people want to gamble anonymously, so that the authorities can't trace back the dirty money.

[pilosopotasyo]

It's not just the taxes. There are gamblers who want to launder their dirty money through the casinos (in most cases, earned from narcotic trade and human trafficking). If they gamble through the legal casinos in Macau, then the money trail will be visible to the authorities and in the long term they will land in hot soup. These people want to gamble anonymously, so that the authorities can't trace back the dirty money.

That's true illegal gambling is where you can find bad guys who are very much into a lot of dirty activities, once you apprehend these guys, authorities will discover they are into a lot of dirty things like drugs human trafficking and money laundering, they are brave to do their things because they have money for protection, and they operate in a country where there is weak justice system.

[VanityWallets2015]

Gamblers are people who are willing to take risky steps especially if huge amount of gains is in front of them. Some are cautious whether a site is trusted or not, while others do not really mind.
In this situation, Vietnam may have illegal casinos which may be brought by conflict with regulations of their nation. Maybe this casinos intends to not be affiliated with the government to prevent more problems.

[passwordnow]

Gamblers are people who are willing to take risky steps especially if huge amount of gains is in front of them. Some are cautious whether a site is trusted or not, while others do not really mind.
In this situation, Vietnam may have illegal casinos which may be brought by conflict with regulations of their nation. Maybe this casinos intends to not be affiliated with the government to prevent more problems.

There can be an internal reason why they've been running illegally. There might be a problem as they register because gambling isn't allowed for the locals. But for foreign visitors, they can gamble. It's about licensing and there's a big amount and tax that's involved on this matter.
And for the locals to continue themselves gambling, they don't care if it's a registered or not as long as it is running and they can gamble at their own will.

[desticy]

Gamblers are people who are willing to take risky steps especially if huge amount of gains is in front of them. Some are cautious whether a site is trusted or not, while others do not really mind.
In this situation, Vietnam may have illegal casinos which may be brought by conflict with regulations of their nation. Maybe this casinos intends to not be affiliated with the government to prevent more problems.

The gamblers you are talking about take risk until the first big win they are not paid, before the first serious problem with serious money.
The goal of gambling is to hit the big jackpot. Nothing worse when you manage to do it, but the casino refuses to pay. But if you have taken a risk, then you must be ready for it. Right?
Big money and politics are inseparable. I think someone from above did not have enough money and they decided to close the shop.

[jademaxsuy]

The gamblers you are talking about take risk until the first big win they are not paid, before the first serious problem with serious money.
The goal of gambling is to hit the big jackpot. Nothing worse when you manage to do it, but the casino refuses to pay. But if you have taken a risk, then you must be ready for it. Right?
Big money and politics are inseparable. I think someone from above did not have enough money and they decided to close the shop.

Well sometimes gambling is being influenced by the politicians. They were gamblers became known and turn out to become politician same as with druglords. Hence  these politicians always after the benefits from the gambler and therefore will be make sure to benefit out of it in exchange for the protection of small and big time illegal gambling activities in their jurisdiction. This is why corruption and other forms never stop because politicians were leading it though not all but some politicians.

[bobyhodob]

The gamblers you are talking about take risk until the first big win they are not paid, before the first serious problem with serious money.
The goal of gambling is to hit the big jackpot. Nothing worse when you manage to do it, but the casino refuses to pay. But if you have taken a risk, then you must be ready for it. Right?
Big money and politics are inseparable. I think someone from above did not have enough money and they decided to close the shop.

Well sometimes gambling is being influenced by the politicians. They were gamblers became known and turn out to become politician same as with druglords. Hence  these politicians always after the benefits from the gambler and therefore will be make sure to benefit out of it in exchange for the protection of small and big time illegal gambling activities in their jurisdiction. This is why corruption and other forms never stop because politicians were leading it though not all but some politicians.

I think it's not true because politics does not interfere in gambling, which usually interferes with local government, because as far as I know there are still some countries that use permits from the government to open gambling spots, while gambling in big cities like Los Angeles does not require participating government intervention because the city is already famous as the biggest gambling place in the world.

[reliable]

Macau is one of the most law-abiding territories in Asia. It is well known for its gambling industry, but organized crime and fixing is very rare. Most of the casinos are owned by well known companies. And perhaps that is the reason why many of the Chinese and other gamblers prefer less well known destinations such as Cambodia and Vietnam.

One of the reasons for this is they evade taxes casinos pay million in taxes, so instead of paying the government they prefer to pay corrupt government officials and the police officials so they can evade arrest, their underground operations is hard to track because the authorities that supposed to catch them are the one protecting their casinos, it's their cash cow of course.

It would be getting good protection from top officials and due to which only such things could exist for so long and so much billions of dollars’ worth of bets was happening, else it would not have been possible to do it all alone. Money is something which even the officials get corrupt to accept bribe and fill their own pockets.

[Barnabe]

Macau is one of the most law-abiding territories in Asia. It is well known for its gambling industry, but organized crime and fixing is very rare. Most of the casinos are owned by well known companies. And perhaps that is the reason why many of the Chinese and other gamblers prefer less well known destinations such as Cambodia and Vietnam.

One of the reasons for this is they evade taxes casinos pay million in taxes, so instead of paying the government they prefer to pay corrupt government officials and the police officials so they can evade arrest, their underground operations is hard to track because the authorities that supposed to catch them are the one protecting their casinos, it's their cash cow of course.

It would be getting good protection from top officials and due to which only such things could exist for so long and so much billions of dollars’ worth of bets was happening, else it would not have been possible to do it all alone. Money is something which even the officials get corrupt to accept bribe and fill their own pockets.

They don't even need to be corrupted, if some of the officials used the casino services they had something to lose in closing it.

[maydna]

I think it's not true because politics does not interfere in gambling, which usually interferes with local government, because as far as I know there are still some countries that use permits from the government to open gambling spots, while gambling in big cities like Los Angeles does not require participating government intervention because the city is already famous as the biggest gambling place in the world.

I don't think so. Because if the gambling places become bigger, and many politicians play together in those gambling places, there will be many deals that will make on those places. And that means politics can interfere with gambling because sometimes if one person has a will and has a problem, he will come to one person and invite him to his favorite thing, including gambling. He will make that person win any time so that he can ask something to that person after that. That will happen in another place too because politics is so rude.

The politic can also interfere in gambling if the owner has a relationship with one of the people in the Parlement, and he will use that person to help him to open his business in that city. Everything can be used for politics as we know that politics can be everywhere.

[Vishnu.Reang]

There can be an internal reason why they've been running illegally. There might be a problem as they register because gambling isn't allowed for the locals. But for foreign visitors, they can gamble. It's about licensing and there's a big amount and tax that's involved on this matter.
And for the locals to continue themselves gambling, they don't care if it's a registered or not as long as it is running and they can gamble at their own will.

These restrictions doesn't make any sense. Nowadays people can easily travel from one country to another. Ban on gambling is not very effective, because the gamblers can simply travel to another country and do their trade there. The only impact will be on the country which banned gambling, because they are going to lose tax revenue and job generation. Restrictive laws doesn't work anymore.

[Pamadar]

There can be an internal reason why they've been running illegally. There might be a problem as they register because gambling isn't allowed for the locals. But for foreign visitors, they can gamble. It's about licensing and there's a big amount and tax that's involved on this matter.
And for the locals to continue themselves gambling, they don't care if it's a registered or not as long as it is running and they can gamble at their own will.

These restrictions doesn't make any sense. Nowadays people can easily travel from one country to another. Ban on gambling is not very effective, because the gamblers can simply travel to another country and do their trade there. The only impact will be on the country which banned gambling, because they are going to lose tax revenue and job generation. Restrictive laws doesn't work anymore.

They need to work with this as they are losing opportunities, like what you said gambling industry is really making huge rally banning
them will only make them to move to the other place and start working again, if the government will allow them to facilitate and impose taxes it will gives more venue of funds that can be divert to create more projects for the people.

[iv4n]

There can be an internal reason why they've been running illegally. There might be a problem as they register because gambling isn't allowed for the locals. But for foreign visitors, they can gamble. It's about licensing and there's a big amount and tax that's involved on this matter.
And for the locals to continue themselves gambling, they don't care if it's a registered or not as long as it is running and they can gamble at their own will.

These restrictions doesn't make any sense. Nowadays people can easily travel from one country to another. Ban on gambling is not very effective, because the gamblers can simply travel to another country and do their trade there. The only impact will be on the country which banned gambling, because they are going to lose tax revenue and job generation. Restrictive laws doesn't work anymore.

I will go further and sya that restrictions are generally a bad thing, you can't stop people from doing what they want to do. Example are prisons, they can't keep drugs out of prison, what we need to say more? Restrictions today are used by governments to oppose control, its how they control the ones who are doing something illegal, they take money for protection.
Today every organized crime is connected with government, in one way or another. Except restrictions, wars, and all other bullshit it would be better to educate people, but if they would educate people then they wouldn't be able to rule.