Serbian Police Crackdown On Gambling
With so many countries with your breathing region moving to liberalize their laws regarding online casinos, sometimes it comes as a shock that other countries are still a little bit behind them in the curve. It seems that the Serbian police recently were holding two men in custody after a major online casino gambling bust. The names of the two suspects have not been released at that time nor had the unauthorized sports betting website been identified. But now the suspects are being held for more than 55 million dinars which is the equivalent of $750,000. Apparently they had been going at it since 2005 offering bets on basketball hockey, tennis, and football matches in North America and all across Europe.
Online casinos and sports betting in Serbia is legal and has a wide and popular following, but the ministry has made a strong commitment to cracking down on any operation that is doing business with out a legitimate permit. This makes sense to me. But this most recent pair of the rest Mark the first ever time that arrests have been made in connection with Internet casino betting.
Apparently they funneled all their accounts through offshore companies when they received credit card payments and their income was switched and relocated to these offshore accounts so that they could get out of paying any taxes on their unregistered business. But in the end, there is sneaky and stealthful activity did not pay off in the long run. It’ll be interesting to see if the Serbian police are able to find any more corporate of this variety who are running illegal gambling operations.
online gambling in serbia