
23-Year-Old Arrested In Sydney For Running $2M Online Gambling Scheme
A 23-year-old man has been arrested in Sydney for running an AU$ 2 million ($1.3 million) online gambling scam that police say defrauded 14 victims.
The Australian online gambling industry is thriving and is now worth an estimated AU$3.8 billon per year despite the fact that there are only three forms of online gambling allowed in the country. While the Australian legal code forbids unlicensed sportsbooks, there are still many legal and international gaming companies that allow Australians to access their platforms and place wagers online.