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11

Chinese Man Arrested For Allegedly Operating Illegal Gambling Site Worth $62 Billion!

Tags: China, Illegal gambling, Zhou
Posted on Monday, April 11, 2016 by "T".
Vietnamese authorities have arrested a Chinese man who was suspected to be responsible for running an illegal online gambling site that is worth over a whopping 60 billion dollars. For now, the only three bits of information publicly released about the suspect are that his surname is "Zhou", he is born in 1969, and that he is a Chinese native from Wenzhou City, Zheijang province. In 2011, Zhou al[...]   Read more » Chinese Man Arrested For Allegedly Operating Illegal Gambling Site Worth $62 Billion!

  11-Apr-16, 12:03   #1
Chinese Man Arrested For Allegedly Operating Illegal Gambling Site Worth $62 Billion! 0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4685
To be honest nobody could do this kind of operation by himself, let alone without some helpful hands from the local triad members and many corrupt authorities so I guess this poor fella is just the 'fall guy' in this - he is taking the dive for someone else(s) instead.
Sure weird story.

     
  11-Apr-16, 18:32   #2
  0 
superthight 

Joined: Jan '13
Location: Philippines
Age: 50 (F)
Posts: 752
well he really earn so much very smart until oneday he was arrested >>?its good news after all and im on the fairness game of his dam casino no matter what ilegal is it dont care ,even casino with tax payer cheats aswell and they never let people win .. Big Smile Big Smile Big Smile Big Smile Big Smile

     
  11-Apr-16, 19:24   #3
  0 
pochui 

Joined: May '08
Location: Lithuania
Age: 32 (M)
Posts: 8628
a gambling site worth 62 billion dollars? really? amaya paid for pokerstars/riverstars/jokerstars "only" 5 billions and that is a mind blowing figure... and we are talking about a leading poker site... now some unknown dude somehow operates illegal gambling site worth 62 billions and no one notices it for years? really? i have a feeling that there are way too many zeros in the valuation

     
  12-Apr-16, 08:54   #4
  0 
Mysik86 

Joined: Nov '11
Location: Poland
Age: 30 (M)
Posts: 773
Or maybe Chinese with their slant-eyes are too blind for notice that? Blink

     
  12-Apr-16, 11:34   #5
  0 
damosk 
Joined: Feb '11
Location: United Kingdom
Age: 52 (M)
Posts: 4852
What a clever man, running all of this on his own. I suppose he was running it from the spare room of a rented house somewhere that was shared with 300 other people who he didn't know and had Nora who they were and incidentally who have not since been located by the authorities.

     
  12-Apr-16, 13:08   #6
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4685
Posted by pochui:
a gambling site worth 62 billion dollars? really? amaya paid for pokerstars/riverstars/jokerstars "only" 5 billions and that is a mind blowing figure...

Maybe australian or canadian dollars? Big Smile
I think it might be in 'yuan' tbh, just the meaning lost when they translated the original article.

     
  12-Apr-16, 16:53   #7
  0 
klash23 
Joined: Mar '12
Location: United Kingdom
Age: 38 (F)
Posts: 2243
I am with Bowie on this one....no way can one guy operate this kind of operation,some countries don't have that kind of money floating around.....or maybe it is just a few Chinese billionaires having a home game with their petty cash!

     
  14-Apr-16, 13:18   #8
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4685
Posted by klash23:
...or maybe it is just a few Chinese billionaires having a home game with their petty cash!

If that would be the case they would do it in Macau IMO, and not online. I think asians like gambling but they probably don't really like the soulless and less adrenaline rushy aspects of doing it online.

     
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