What is the daily betting volume of the busted illegal World Cup syndicate?

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The Busted Illegal World Cup Betting Syndicate Handled Daily Wagers of RM7.5 Million

Malaysian police have disrupted an illegal World Cup betting syndicate that was accepting daily wagers amounting to RM7.5 million (US$2.3 million). This significant operation is part of a broader crackdown on illegal gambling activities during the tournament. The total value of bets handled by this specific group reached approximately RM105 million.
Significant Daily Wagering Volume Uncovered

The primary illegal betting group apprehended was reportedly drawing daily bets of US$2.3 million, which translates to RM7.5 million. This syndicate's operations generated a substantial sum, with the total amount wagered by this group alone estimated to be around RM105 million since the World Cup commenced.
Raids Part of Wider Crackdown

These arrests were conducted as part of coordinated raids targeting illegal World Cup betting operations within Kuala Lumpur. The federal crime investigation deputy director, Mazlan Mansor, confirmed that the four individuals arrested were allegedly involved with the syndicate that amassed RM7.5 million in daily bets.
Nearly 200 Arrested Nationwide

Since the World Cup began on June 12, Malaysian authorities have arrested a total of 194 individuals in connection with illegal betting activities across the country. The police have also seized 12 servers believed to be supporting an online gambling website with regional networks spanning the Asia-Pacific.
Law Enforcement Expects More Arrests

Officials anticipate further arrests before the conclusion of the World Cup, indicating ongoing efforts to dismantle illegal betting networks. Those found guilty under Malaysia's betting laws could face penalties of up to five years in prison.

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What is the daily betting volume of the busted illegal World Cup syndicate?

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