In eastern China and law enforcement officials have reportedly arrested members of criminal gangs on charges that they are responsible for running an illegal syndicate that helps local people gamble at casinos.
According to a report by Inside Asian Gaming, the group is banned in Jiangsu Province and is thought to include 18 members including a shadow leader referred to simply as “Shi.”
Inside Asian Gaming reports that the unlawful organization allegedly gave out accounts and chips to local bookmakers which they then used to gamble at one of the 39 casinos in Macau visiting poker88. The source details that the company is also thought to have netted an estimated $ 184 million since 2007 with commissions on these advances of up to 2%.
Located about 800 miles north of Macau, Jiangsu Province has a population of more than 80 million people and is one of China’s leading financial and technological centers. The criminal band is also suspected of being behind an unlawful club-based gambling in the port city of Haimen that has followed locals into betting via the Internet and telephone.
‘Shi’ was first arrested in May 2018 with police describing his banned company as a ‘large offshore organization’ that has secured a self-determined ‘head of an investment firm’ of at least $ 4.7 million. The source explained that the principal was later sentenced to 16 years in prison and paid a fine of $ 17.4 million.