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Chinese Cops Bust Gambling Ring That Exploited ‘Losing Account’ Sports Betting LoopholeWritten by: Philip Conneller

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Chinese police in the eastern city of Wenzhou say they have disrupted a syndicate that illegally capitalized on an online sports book “loophole” to cash in the equivalent of around $4.6 million. The scheme involved buying up hundreds of money-losing accounts to exploit perks afforded to big-betting but unsuccessful gamblers, as reported by Wenzhou Evening
The post Chinese Cops Bust Gambling Ring That Exploited ‘Losing Account’ Sports Betting Loophole appeared first on Casino.org.
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