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December 18, 2012

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Jail for 25 who ran bets worth 400m yuan

PRISON sentences ranging from six months to more than five years were handed down yesterday to 25 people who operated an online casino and collected wagers exceeding 400 million yuan (US$64 million).

Prosecutors of the Baoshan District People's Court said the defendants acquired the agent management rights of a famous football gambling website abroad and used the platform to open an online casino for Internet gambling.

The name of the website was not made public.

Estimated online stakes topped 400 million yuan between October 2010 and February of this year, the court heard.

Prosecutors didn't say how much the defendants made.

The court said there were two ways for them to make money. The first was to gamble with their clients and then divide the money. Or, they could get a commission. The number of gamblers was not made public.

The court said most of the 25 defendants didn't have stable jobs and moonlighted at the casino. They were caught on February 28.

The defendants were also fined from 10,000 yuan to 100,000 yuan each.

According to Chinese Criminal Law, suspects charged with running illegal casinos could face up to 10 years in prison with fines.


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