Topic: Vietnam bursts an illegal casino who used to handle bets worth $3 billions - page 7. (Read 3525 times)

Maybe, but we don't know for sure. If there is a top people in there, they will not show themselves and will stay behind the radar because that can make suspicious to the others. The drugs, money laundering, could be the reason for that, but I don't think that it is easy to reveals. I wonder if the money will be at the government's hand, and the people can not do anything.

Even in my country, many of the illegal operations are owned by proxies of well known politicians. For example, one of the state ministers recently purchased a famous hospital in my area for around $30 million USD (it is not an illegal operation, and I quoted it just for giving an example). And in most cases, the issues arise when the politician loses his power, and still try to cling on to the business.

That is what we see in reality. I mean, the politicians will have their illegal business, and I think that is happening in many countries. We can not deny that because we even know that in many countries, some politicians corrupt still free from the law. Yes, they also have legal business besides the illegal, and they are smart enough to hide their illegal business from the others.

Vishnu.Reang

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Quote from: ShowOff on July 05, 2020, 11:50:06 PM

Maybe, but we don't know for sure. If there is a top people in there, they will not show themselves and will stay behind the radar because that can make suspicious to the others. The drugs, money laundering, could be the reason for that, but I don't think that it is easy to reveals. I wonder if the money will be at the government's hand, and the people can not do anything.

Even in my country, many of the illegal operations are owned by proxies of well known politicians. For example, one of the state ministers recently purchased a famous hospital in my area for around $30 million USD (it is not an illegal operation, and I quoted it just for giving an example). And in most cases, the issues arise when the politician loses his power, and still try to cling on to the business.

peter0425

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Quote from: Lanatsa on July 05, 2020, 06:04:07 PM

In scenarios like these where we can really presume out that there are big people behind the curtains that have been protecting this place and since this do happen undeground

This is a common thing in many countries. The involvement of unscrupulous state official in cases like this is very common due to various factor. Economy is the main reason. Not only about drug, money laundering, gambling and other illegal thing, but you can also find other small thing that are protected by their strength.

actually this is happening around the world,even China has corrupt officials (though i don't know in North Korea)

this means unless the strict policies and concern people will participate in bringing them down i think it will
continue to progress and will gain more than the involve amount here.

Quote

Although this is common knowledge, ordinary people cant do anything because they are the holders of power where you will be ignored when you want to report a crime. The most common thing in my opinion is that people can only know without being able to do something.

I still believe that there are good eggs in the basket,yeah many are corrupt but some will still decide in favor of goodness.

So lets look in this thread when they still captured even how Big their funds is,proof that truth always prevail .

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Quote from: Lanatsa on July 05, 2020, 06:04:07 PM

Quote from: Fredomago on July 05, 2020, 11:25:56 PM

Maybe, but we don't know for sure. If there is a top people in there, they will not show themselves and will stay behind the radar because that can make suspicious to the others. The drugs, money laundering, could be the reason for that, but I don't think that it is easy to reveals. I wonder if the money will be at the government's hand, and the people can not do anything.

Since its been caught on illegal operation then its no brainer that government will confiscate all of those funds and theres nothing they can do anything about it but to accept.

In scenarios like these where we can really presume out that there are big people behind the curtains that have been protecting this place and since this do happen undeground

then not only illegal casino do happen in the place and we wouldnt know that there are also other illegal things in transaction below.

The big people will always be behind on that operation, whether on the casino site or the government side. Each group will try to force their will to others, and the group who have bigger power will get the illegal money. Sometimes the group from the government loses the chance because they don't have more people who have superior people who can push the illegal casino.

Quote from: Lanatsa on July 05, 2020, 06:04:07 PM

Maybe, but we don't know for sure. If there is a top people in there, they will not show themselves and will stay behind the radar because that can make suspicious to the others. The drugs, money laundering, could be the reason for that, but I don't think that it is easy to reveals. I wonder if the money will be at the government's hand, and the people can not do anything.

The money will be freeze for sure and undergo trials will take place, it will shows all the possibilities some corrupt officials might be dragged if ever that there's involvement behind. This huge amount of money that been operated might have go signal from higher ranks officials. though it's still needed to show evidence of involvement, time will reveal whoever people involves aside from the operators itself.

That may happen if the corrupt officials don't have a backup from people who have bigger power. It will need time to get that corrupt official, so the government can also arrest them with the money. But I believe that all things will pass by the time goes, and people who corrupt will get punishment for what they did.

ShowOff

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In scenarios like these where we can really presume out that there are big people behind the curtains that have been protecting this place and since this do happen undeground

This is a common thing in many countries. The involvement of unscrupulous state official in cases like this is very common due to various factor. Economy is the main reason. Not only about drug, money laundering, gambling and other illegal thing, but you can also find other small thing that are protected by their strength.

Although this is common knowledge, ordinary people cant do anything because they are the holders of power where you will be ignored when you want to report a crime. The most common thing in my opinion is that people can only know without being able to do something.

Fredomago

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Surely there is some conspiracy behind, because it cannot be first go unnoticed where 3$ billion of bets were carried out from so long. So their is involvement of top people in this case. And then when they were involved so there has to be the reason then it could be for drugs, money laundering, real estate etc. Hope the case reveals all such things if it has happened.

Maybe, but we don't know for sure. If there is a top people in there, they will not show themselves and will stay behind the radar because that can make suspicious to the others. The drugs, money laundering, could be the reason for that, but I don't think that it is easy to reveals. I wonder if the money will be at the government's hand, and the people can not do anything.

The money will be freeze for sure and undergo trials will take place, it will shows all the possibilities some corrupt officials might be dragged if ever that there's involvement behind. This huge amount of money that been operated might have go signal from higher ranks officials. though it's still needed to show evidence of involvement, time will reveal whoever people involves aside from the operators itself.

Lanatsa

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Quote from: South Park on July 03, 2020, 11:39:35 AM

Surely there is some conspiracy behind, because it cannot be first go unnoticed where 3$ billion of bets were carried out from so long. So their is involvement of top people in this case. And then when they were involved so there has to be the reason then it could be for drugs, money laundering, real estate etc. Hope the case reveals all such things if it has happened.

Maybe, but we don't know for sure. If there is a top people in there, they will not show themselves and will stay behind the radar because that can make suspicious to the others. The drugs, money laundering, could be the reason for that, but I don't think that it is easy to reveals. I wonder if the money will be at the government's hand, and the people can not do anything.

Since its been caught on illegal operation then its no brainer that government will confiscate all of those funds and theres nothing they can do anything about it but to accept.

In scenarios like these where we can really presume out that there are big people behind the curtains that have been protecting this place and since this do happen undeground

then not only illegal casino do happen in the place and we wouldnt know that there are also other illegal things in transaction below.

Vishnu.Reang

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Exactly, it is impossible to run such a large operation without the authorities knowing, it is true that governments can be really incompetent but with such a large operation they are bound to eventually know about it especially if powerful politicians played on that casino, as such it will be interesting to know if there was a recent shift in the political power in that area or if simply one of the two sides became too greedy and wanted all the money for themselves causing the other side to take some action.

In all probability what happened is that the officials became more greedy and asked the casino operators for a larger cut. But the latter refused and it resulted in all the raids and arrests. Now another set of drama will unfold. The casino owners are going to extract revenge and they would publicize the names of all those officials who were on their payroll. And once this happens, some of the smart guys will come up for negotiation, to make a deal between the two parties. We have seen all this many times before.

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Quote from: bitcoinst on June 29, 2020, 05:59:21 PM

Quote from: kawetsriyanto on June 25, 2020, 06:28:26 PM

Is this because of the greed of casino owners who want to only get profit without having to pay taxes or other fees to the country? To be sure, if this is an illegal act, surely the Vietnamese government will take firm action against it. Destroying the online casino business that gives high stakes might be risky. However, if not, it can also be detrimental to many parties. including actually the gamblers themselves. And why is the casino just unfolding now? Is there any other parties that know about this previously and only silent because of something?

I think there can play a lot of factors. Such large-scale affairs, as a rule, never do without politics. Always someone gives permission to take bribes and close their eyes on a particular illegal activity.
And when someone becomes dissatisfied with their share, or a change of power occurs, we observe similar events that seem slightly unbelievable.

Exactly, it is impossible to run such a large operation without the authorities knowing, it is true that governments can be really incompetent but with such a large operation they are bound to eventually know about it especially if powerful politicians played on that casino, as such it will be interesting to know if there was a recent shift in the political power in that area or if simply one of the two sides became too greedy and wanted all the money for themselves causing the other side to take some action.

spike420211

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Quote from: spike420211 on July 01, 2020, 01:31:17 PM

`snip

Surely there is some conspiracy behind, because it cannot be first go unnoticed where 3$ billion of bets were carried out from so long. So their is involvement of top people in this case. And then when they were involved so there has to be the reason then it could be for drugs, money laundering, real estate etc. Hope the case reveals all such things if it has happened.

The problem with such cases is that they themselves can be fake.
Perhaps this exchange from some of them owned high posts in the police, and they decided to throw their partners by pocketing all or part of the profits for themselves.

They can easily organize a criminal case with confiscation. In addition, we cannot know exactly what the turnover of this casino was.
Perhaps far from the entire casino turnover was disclosed, and those who started this have already organized a new casino to continue their illegal activities.

Oilacris

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Quote from: spike420211 on July 01, 2020, 01:31:17 PM

Quote from: spike420211 on July 01, 2020, 01:31:17 PM

More reason why gamblers must be careful about the platform they gamble, doing a little research will definitely help not to give out your hard earned money to fraudsters. Believe me, many have been victim of this gambling casino before the police bursted them. For any gambling casino to think of ways in which they can extort gamblers means they are not reputable. Good that the police bursted them, probably for them to register the casino.

Of course, this was to happen sooner or later.
However, there are too many white spots in history, such large volumes are very often associated with money laundering from criminal activities, especially from drug trafficking.

Officials are often involved in such matters, even here, I am sure, could not have done without them, in the case of online.
The main question is what will happen to the players ’funds, I don’t think that the government will return the lost deposits back to the players, because the casino was not legal.

Surely there is some conspiracy behind, because it cannot be first go unnoticed where 3$ billion of bets were carried out from so long. So their is involvement of top people in this case. And then when they were involved so there has to be the reason then it could be for drugs, money laundering, real estate etc. Hope the case reveals all such things if it has happened.

For sure there would be some tie ups to those people who are on top position which are involved into this kind of illegal operation of this casino.It is really impossible for these places

to be left unnoticed considering the amount involved is way too big.There are sure have protectors of this one but now it had been busted which i do suspect that someone part of that organization

do decide to leak out information. When it comes to revealing then i doubt that those infos would explode on because anything can really be hold up specially when money is already involved.

reliable

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More reason why gamblers must be careful about the platform they gamble, doing a little research will definitely help not to give out your hard earned money to fraudsters. Believe me, many have been victim of this gambling casino before the police bursted them. For any gambling casino to think of ways in which they can extort gamblers means they are not reputable. Good that the police bursted them, probably for them to register the casino.

Of course, this was to happen sooner or later.
However, there are too many white spots in history, such large volumes are very often associated with money laundering from criminal activities, especially from drug trafficking.

Officials are often involved in such matters, even here, I am sure, could not have done without them, in the case of online.
The main question is what will happen to the players ’funds, I don’t think that the government will return the lost deposits back to the players, because the casino was not legal.

Surely there is some conspiracy behind, because it cannot be first go unnoticed where 3$ billion of bets were carried out from so long. So their is involvement of top people in this case. And then when they were involved so there has to be the reason then it could be for drugs, money laundering, real estate etc. Hope the case reveals all such things if it has happened.

spike420211

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Quote from: plvbob0070 on July 01, 2020, 11:25:52 AM

More reason why gamblers must be careful about the platform they gamble, doing a little research will definitely help not to give out your hard earned money to fraudsters. Believe me, many have been victim of this gambling casino before the police bursted them. For any gambling casino to think of ways in which they can extort gamblers means they are not reputable. Good that the police bursted them, probably for them to register the casino.

Of course, this was to happen sooner or later.
However, there are too many white spots in history, such large volumes are very often associated with money laundering from criminal activities, especially from drug trafficking.

Officials are often involved in such matters, even here, I am sure, could not have done without them, in the case of online.
The main question is what will happen to the players ’funds, I don’t think that the government will return the lost deposits back to the players, because the casino was not legal.

DoublerHunter

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Aside from that, since the casino was operating illegally, whether gamblers know it or not, they are still liable for gambling in that casino. And I doubt that all those who gamble in that casino had no idea that they were operating illegally, so probably they knew it yet still keep on gambling. So I can't say that all of their customers were just a victim since they are still responsible for what they are doing. Perhaps they knew that it is being protected by higher officials that they are also not afraid that the online casino will get busted.

^ It is totally different if you are gambling in a licensed casino than the unlicensed one. First, the unlicensed or illegal casino will always have a huge amount of giveaways and promotions even every week. Because they know that their clients will never win against them and the bonuses and promotions are only way to lure gamblers and got their interest to visit the site. The unlicensed casinos probably the owner can manipulate or be tampered the RNG, to make it pay out less to their clients. This is strictly prohibited to the licensed casino because the RNG was must be approved by the legitimate gaming authorities if your casino was registered and have licensed. Nevertheless, you can analyze now which better to use, the unlicensed or the licensed casino?

plvbob0070

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More reason why gamblers must be careful about the platform they gamble, doing a little research will definitely help not to give out your hard earned money to fraudsters. Believe me, many have been victim of this gambling casino before the police bursted them. For any gambling casino to think of ways in which they can extort gamblers means they are not reputable. Good that the police bursted them, probably for them to register the casino.

Aside from that, since the casino was operating illegally, whether gamblers know it or not, they are still liable for gambling in that casino. And I doubt that all those who gamble in that casino had no idea that they were operating illegally, so probably they knew it yet still keep on gambling. So I can't say that all of their customers were just a victim since they are still responsible for what they are doing. Perhaps they knew that it is being protected by higher officials that they are also not afraid that the online casino will get busted.

Fredomago

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More reason why gamblers must be careful about the platform they gamble, doing a little research will definitely help not to give out your hard earned money to fraudsters.

You should be more responsible doing your research in order to avoid being victimized by this kind of illegal businesses. They are enjoying every money without any legal documents which can easily disappear.

Believe me, many have been victim of this gambling casino before the police bursted them.

Though the main fact here is this casino are operating illegally and manage to let gamblers to enjoy the platform without any problem from the gamblers end.

Quote from: ethereumhunter on June 30, 2020, 05:20:29 AM

For any gambling casino to think of ways in which they can extort gamblers means they are not reputable. Good that the police bursted them, probably for them to register the casino.

The owners think that they can continue without being busted, enjoying all the profits with such a long period of time, it's now on the hands of the government on how they'll going to use all those freeze funds.

stomachgrowls

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Quote from: batang_bitcoin on June 25, 2020, 11:07:40 AM

Quote from: ethereumhunter on June 25, 2020, 04:02:35 AM

Quote from: batang_bitcoin on June 24, 2020, 06:20:11 AM

They can legally run the casino if they're earning big. What I don't understand with these business operations from huge casinos is why they have to bribe if they can easily register and get permits from the government to continue their operations without any hassle.
Except those casinos that are operating in countries whereas it's illegal to run a casino.

I am sure they can do that easily, especially if they make big money from the casino. But each casino owner will have a different reason for making their casino legal or not because there still big casinos out there, but they don't get any license from the government. But if they can register their casino, I think that will work only for the formality in the government's eyes, so they don't try to ask for the "hot money."

Except with the reason of being prohibited to operate due to the permanent ruling of their government. What could be any possible reason that these owners can think of why they can't register and make their business legal?
It's more professional and they don't have to think of chase whenever the authorities goes visit and check them because they have legal papers to show if they are registered.

Maybe they still want to operate in the underground without paying more money to the government. Or they can register their casino legally, but they still pay some officers to help them. They need to give many documents to verification and validation, including all of their bank account, so the regulations are not checked their business because if one casino wants to register. That will not be good if the owner still wants to cover the other business. But we don't know what they will do so that we could guess only.

2 reasons i do saw on why they do operate illegally:

-Legal issues (gambling prohibited country)
-Tax evasion

These are reasons on why they do decide to have business underground.