Hong Kong police strengthen anti-illegal gambling propaganda, pay attention to virtual currency betting
As the European Nations Cup is about to start, the Hong Kong police have stepped up their crackdown on illegal peripheral gambling, and found that more and more websites accept virtual currency bets. The police pointed out that the anonymity and convenience of virtual currency increase the risk of illegal gambling, but both cryptocurrency and stored value facilities are under surveillance. The police will crack down on related crimes through "money laundering" charges and cooperate with the mainland and Macau. To this end, the police will publicize in various districts, including distributing leaflets in bars.
Police data show that more than 790 crackdowns on illegal gambling were carried out last year, arresting about 6,100 people. In the first three months of this year, the police detected 99 related cases, a decrease of nearly 30% compared with the same period last year. The police are also concerned that the average age of first-time gambling has dropped to about 8 years old, and the popularity of the Internet has made it easier for young people to access illegal gambling.