What daily betting volume did the busted syndicate handle?

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The Dismantled Syndicate Handled an Estimated RM27 Million in Daily Betting Transactions

Federal police have dismantled a significant online betting syndicate, which was estimated to be handling approximately RM27 million in daily betting transactions. This operation, targeting illegal gambling activities particularly during major international sporting events like the World Cup, involved coordinated raids across the Klang Valley. The syndicate operated by developing its own mobile application for placing bets and concealed its operations by registering as legitimate businesses and utilising individuals as fronts.
Syndicate's Operational Modus Operandi

The syndicate's core operation revolved around a proprietary mobile application designed for placing online bets on a variety of events, including major international sporting competitions such as the World Cup, alongside other betting games. To maintain a facade of legitimacy, the organisation registered itself as legal entities and employed individuals to act as intermediaries or "fronts" for their illicit dealings.
Raids and Arrests Conducted

As part of the crackdown, police executed raids on 19 business and residential premises identified as being linked to the syndicate throughout the Klang Valley on July 16. Over the preceding six months, these efforts led to the apprehension of 161 individuals, including six foreign nationals, whose ages ranged from 19 to 62. Among those arrested were five local men suspected of being shareholders and owners of the various front companies used by the syndicate.
Wider Operation and Seizures

These specific raids are part of a broader enforcement initiative, Operation Soga XI, which commenced on June 11. Since its inception, authorities have conducted a total of 649 raids. As of July 20, the operation had resulted in the arrest of 945 suspects, comprising 835 men and 110 women, implicated in illegal online betting. The total seizures from these operations include RM199,006.19 in cash and identified betting transactions amounting to RM35.15 million. Furthermore, 637 websites, applications, platforms, and social media accounts facilitating illegal football betting were detected and are slated for blocking and content takedown actions.

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What daily betting volume did the busted syndicate handle?

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