Those involved in online gambling, betting and illegal financing services to face legal actions

Those who run online gambling, lucky draw and illegal financing services will face legal actions under the existing law, Myanmar Police Force announced on 2 March.
The statement said the unscrupulous persons fool people with online gambling while the technology has boomed widely and the police arrested 71 suspects who operated online gambling, lucky draw and financial services. “Most of the young and elderly people face such cases. The youths face financial cases related to online gambling and the elderly face money transfers for trade. Recently, we read about the police seizing an online gambling gang in newspapers. Such gambling has become popular among people gradually and most people do gambling online due to the short comedy videos or documentaries which advertise online betting. Besides this, some are waiting for a certain situation to run coin betting, fish hunting and apple gambling games by renting apartments or houses in the wards. The officials should take action against these gangs who run like licenced gambling houses. If so, it can guarantee the rule of law, peace and tranquillity of the wards,” a lawyer considered.
According to the release about the arrest in Hlinethaya Township, the suspects rent the ID cards at K10,000 per card to open bank accounts to run online gambling-related businesses, so those who lend their ID cards may face legal actions.
Therefore, those involved in online gambling, betting and financing services will be taken actions under the existing laws and the financial profits will be examined under the Anti-Money Laundering Law. – TWA/KTZH

Share this post
Hot News
Hot News
Myanmar border trade with China crosses over US$586M in Q1
MoH Announcement on Severe Diarrhoea Outbreak Control in Yangon Region
Union Industry Minister attends 14th Industrial Expo in Russia
SAC Member inspects regional development activities in Maubin District
DPM MoFA Union Minister pays joint courtesy call on Indian Prime Minister and holds separate talks with Thai, Indian and Bangladeshi Foreign Ministers on sidelines of 2nd BIMSTEC FM Retreat in New Delhi
Myanmar Embassy in Beijing offers alms to monks visiting China
Rehabilitation gaining momentum in Loikaw of Kayah State
MRF executives discuss boosting seller participation in affordable rice scheme
Kayin State to extend revenue spaces
14 July 2024