High-risk alert! Scam syndicates earn 120 million in illicit money annually! The gambling industry becomes a "money laundering springboard" with soaring risks!

Hong Kong's Legalization of Basketball Betting is Imminent: A Dual Consideration of Combating Illegal Gambling and Increasing Fiscal Revenue

The Hong Kong Special Administrative Region government is actively promoting the legalization of basketball betting to address the increasingly rampant illegal gambling market. According to official data, the amount of illegal basketball betting in 2024 is expected to reach between 70 billion and 90