Hong Kong police arrest 150 over HK$320 million illegal online betting syndicate
Hong Kong police have arrested 150 individuals in a significant crackdown on an illegal online betting syndicate. The operation, which involved citywide raids over three days, successfully shut down multiple betting processing centers and administrative hubs. The syndicate is estimated to have handled over HK$320 million (US$40.8 million) in wagers, with police seizing HK$1 million in cash and HK$4 million in assets. Authorities issued a warning against illegal gambling, particularly with the upcoming FIFA World Cup. AI