SSI sino strategic international limited

world cup betting

  1. 4,416 Posts.
    lightbulb Created with Sketch. 526
    Maybe this is why the price is going down, as no one is using SSI outlets. Hard to believe they wouldn't be capturing some of this market, hopefully more now......

    The share price tells a different story. The quarterly will give the answer if they don't choose to update the market on the performance during the World Cup beforehand.

    Police smash illegal gambling syndicate
    12/07/2010

    Hong Kong police have uncovered a bookmaking syndicate targeting the football World Cup which had taken in around 7 billion yuan (679.9m) of illegal bets.

    They arrested 74 people in Hong Kong and 29 in China during the operation codenamed "Copperflame", mounted in co-operation with police in the southern Chinese province of Guangdong, reports Reuters.

    Investigators said it was the largest syndicate of its kind to be smashed by police in Hong Kong.

    "Police are committed to combating illegal bookmaking activities through intelligence-led operations and liaison with neighbouring enforcement agencies during the World Cup tournament," a police statement said.

    Police investigations found evidence that the syndicate had used more than 400 bank accounts in Hong Kong and in mainland China to launder their gambling proceeds.

    http://www.sports-city.org/news_details.php?news_id=12336&idCategory=1
 
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