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Offshore online casinos becoming popular in African countries

For the most part, participating in online wagers is illegal in many countries. Nevertheless, there is no restriction on players placing bets or playing in an online gambling site duly licensed in a country where its operation is legal. In countries like Zimbabwe and South Africa, operating land-based casinos and online gambling sites contribute significantly to the economy. South Africa has a huge market for online gaming which caters to other countries surrounding the region. Although participation from residents in other African countries may be less due to lack of internet connection, there is no denying the possibility of this increasing in the future.

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China busts more illegal online sports betting, casino operators

china-online-sports-betting-bust The Fengshua Public Security Bureau opened an investigation, leading to simultaneous raids on the ring’s operations in Zhangzhou, Haishu and Fengua in July, during the height of the 2018 FIFA World Cup action. To date, police have arrested a total of 63 individuals suspected of involvement in the ring, including 14 of the alleged ringleaders, while a further 10 suspects remain at large. The big boss was identified as a man surnamed Dai, although the reports failed to specify whether Dai was among those who remained free. Police also seized RMB2.25m in illegal betting profits and froze bank accounts containing an additional RMB5m. Despite the lofty claims regarding the ring’s wagering handle, police said the gang had netted a mere RMB30m, making a rather pitiful 1% hold. The gang operated via a classic credit agent structure, with representatives on the ground collecting gambling losses and paying out winnings, while the wagers were placed with an internationally-based gambling site. Sina.com fingered the site as Redfoot I, apparently connected with the ag.hg0088.com site, which displays only a nondescript password login page. State media outlet Xinhua also reported on a separate incident in which six people were convicted for running a “casino profit-making gambling” operation that used the popular WeChat messaging service. The gambling operation reportedly enjoyed turnover of RMB170m during its brief time in operation from June to October 2017.

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