Hong Kong police strengthen anti-illegal football betting propaganda, pay attention to virtual currency betting

As the European National Cup is approaching, the Hong Kong police are strengthening their crackdown on illegal online gambling and finding more and more websites accepting virtual currency bets. The police pointed out that the anonymity and convenience of virtual currency have increased the risk of illegal gambling, but both cryptocurrency and stored-value payment tools are within the scope of monitoring. The police will crack down on related crimes under the charge of "money laundering" and cooperate with the mainland and Macau. Therefore, the police will promote in various districts, including distributing leaflets in bars.

Police data shows that more than 790 crackdowns on illegal gambling were conducted last year, and about 6,100 people were arrested. In the first three months of this year, the police investigated 99 related cases, a decrease of nearly 30% from the same period last year. The police also noticed that the average age of first-time gamblers has dropped to about 8 years old, and the popularity of the Internet has made young people more prone to illegal gambling.