World Cup: $1.5 Billion Cryptocurrency Gambling Ring Busted in China

Discussion in 'Industry News' started by Calliers, Jul 13, 2018.

  1. Calliers

    Calliers HH's MC Staff Member

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    As the World Cup comes to a close, many people have been happy with the last month of international football. Fans across the world have been treated to a competitive competition filled with a lot of surprises.

    Betting often goes hand-in-hand with sporting events, and this World Cup has been no exception. Early projections say bookmakers are on track to profit $36.4 billion dollars from the summer competition. Profits in the UK alone are estimated to at least double from the 2014 World Cup.

    Many gambling hubs have made a lot of money off of this year’s World Cup, and police have started to crack down on some of them.
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