Casino News: $30,000 Seized by Police in Thailand

$30,000 Seized by Police in Thailand

 July 6, 2008, 9:24 am (8 years ago)
There has been a big arrest for gambling on Euro 2008 football matches in Thailand. More than 1 000 people were arrested and $30,000 was confiscated this week.
The confiscated amount are very small compared to estimates by research company Kasikom, which estimated that Thai gamblers would bet $1.2 billion on the three week, Euro2008 football championships just ended.

The people arrested included 192 bookies, 831 punters and 75 others, which sum up to 1098 people, police spokesman, Major General Ruangsak Jaritake told the Economic Times."We seized 931,496 baht ($30 000) and betting slips worth 524.2 million baht ($15.7 million)," he added. "We are satisfied with our arrests although we cannot arrest everybody. We focus on preventive measures."

According to the police officer, additional investigations would cause the prosecution of the biggest gambling operators under anti-laundering laws.

Police have systemed a special squad to keep an eye on major gambling criminals on a national scale. Under the kingdom's 73-year-old gambling law, players can be fined 1 000 baht or jailed for up to one year.

Many Thais avoid the ban by heading to Cambodia and Myanmar. Illicit transaction wagers are also widely placed on sports in a country where the English Premier League and international football are followed with a passion.

In March, Prime Minister Samak Sundaravej proposed to have five casinos in Pattaya, Khon Kaen, Hat Yai and Chiang Mai. But the move received a hostile response from social conservatives in this spiritually Buddhist country, and the plans are suspended.
AddThis Feed Button Bookmark and Share

  Related News
Apr-07-2007 The Canadian Lotto Row Rumbles on at $100 Million
Apr-13-2008 Congressman Barney Frank attacks the UIGEA regs
Jun-27-2008 US Supreme Court seeks for tighter rules on money laundering
Jul-26-2007 The Great Gambling Auction is on the net
Apr-08-2007 High Profile Name in NY Sports Betting Busts
 Comments (0)    Back to Top
Verification (Enter the text in the image above)
Name
Automatic Translation
Extra extra read all about it, join our newsletter and receive updated online casinos news, useful tips and top bonuses to your email absolutely free!
Email:
Privacy Policy |  Terms of Use |  Gamblers Anonymous
Copyright © 2009 Casino Napoleon Extra