Martin Purbrick Director of Security & Integrity, Hong Kong Jockey Club. Illegal betting and organised crime in Asia

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1 Martin Purbrick Director of Security & Integrity, Hong Kong Jockey Club Illegal betting and organised crime in Asia

2 The growth of illegal betting in Asia has led to global expansion of the operators, the consequent spread of criminal involvement in racing and other sports betting markets, as well as being a driver for other criminal problems such as sports corruption and money laundering.

3 Legal and illegal betting in Asia Criminal involvement in Asia betting Asian Illegal Bookmakers Asian Betting Exchanges Casino junkets and illegal betting

4 Legal and illegal betting in Asia Illegal betting is causing sports corruption Entire rogue league corrupted by match-fixing (Telegraph, 18 th January 2016) Cricket-Ex-South Africa international Bodi charged in match-fixing scandal (Reuters, 14 th January 2016) Australian Open: Tennis rocked by allegations of widespread match fixing among top players (Sydney Morning Herald, 18 th January 2016) Almost half of First Division matches in current Canadian Soccer League season have signs of suspicious betting activity, resulting in estimated 4.5 million in potential fraudulent betting profits Cricket South Africa said in December investigating an "intermediary" for betting syndicates and had laid charges The match fixing was orchestrated by gambling syndicates in Russia and Italy, targeted prominent players in their hotel rooms at major tournaments and offered them $US50,000 for each fix

5 Legal and illegal betting in Asia The largest illegal betting companies are from Asia Asian Bookmakers Asian Betting Exchanges Asian Casino Junket betting operators

6 Legal and illegal betting in Asia Globally, legal and illegal betting markets are huge Ronald Noble, Interpol Secretary General, 2011 When widespread, illegal and irregular betting will create a shadow economy possibly enormous in size and depth. In Asia alone, illegal betting is estimated to provide revenues for almost US$500 billion. (EUR 446 billion) Sorbonne-ICSS, 2014 The estimated volume of the global market (legal and illegal) of sporting bets is somewhere between 200 and 500 billion, more than 80% being illegal bets.

7 Legal and illegal betting in Asia The global illegal betting market is likely to be as big as USD500 billion in transactions with Asia the driver Market Hong Kong racing + other sports Asia racing + other sports Global racing + other sports Illegal Turnover USD64 billion (Football $40b, Racing $12.78b, others $12b) USD350 billion USD500 billion ++ (Source: HKJC analysis)

8 Legal and illegal betting in Asia Illegal betting operators have a strong online user interface that is attractive to customers

9 Legal and illegal betting in Asia Illegal betting website setup is easy and cheap. First Cagayan in the Philippines leads the growth Total cost of setting up a licensed betting website in the Philippines Sports betting website Full-suite betting website (e-casino + sports betting) License application fee USD26,000 40,000 License annual renewal fee USD15,000 40,000 Annual Gaming Tax USD60,000 60,000

10 Commission increases Legal and illegal betting in Asia Illegal betting operators have an agent system that facilitates customer growth Agent system of IBCbet (Maxbet) Super master agent Credit granted Master agent Agent Customers

11 Legal and illegal betting in Asia Illegal operators use new convenient online payment methods, which circumvent banks Other online payment service providers Established in 2001, currently the largest digital wallet in the global online gambling and gaming market Supports 40 different currencies and 100 payment options Currently the only digital wallet to have money transmission licenses in every U.S. state, as well as DGE approval in New Jersey to operate in the state's online gambling market. Founded in 1999, Neteller is used by millions of consumers in more than 200 countries and is especially popular in the foreign exchange and online gambling sectors. In 2005, it provided payment services to more than 80% of gaming merchants worldwide. It is accepted by nearly all online gambling operators, except for those in the US.

12 Legal and illegal betting in Asia Criminal involvement in Asia betting 1. Asian Illegal Bookmakers 2. Asian Betting Exchanges 3. Casino junkets Combatting illegal betting strategy 12

13 Criminal involvement in Asia betting Asian betting operators are closely tied to transnational organised crime Asian Bookmakers Sports Match Fixing Transnational Organised Crime Macau Casino Junkets Asian Betting Exchanges

14 Criminal involvement in Asia betting 1) Asian bookmakers have close links to transnational organised crime SBOBET and MAXBET have links through company structures and principals

15 Criminal involvement in Asia betting IBCBET (Maxbet) is a major betting operator, owned by Paul Phua, arrested by the FBI in 2014 in Las Vegas *Choice of 13 languages *Customer support numbers in Philippines

16 Criminal involvement in Asia betting IBC and SBO ownership is linked, opaque, and may involve multiple Asian bookmakers Online gambling guru and '14K triad member' Paul Phua snared in Las Vegas arrest Accused gambling kingpin Paul Phua assisting Malaysia on matters of national security' Accused of operating an illegal soccer gambling ring in Las Vegas hotel suites that United States prosecutors allege netted billions of Hong Kong dollars during the World Cup (SCMP: 27/7/2014) Malaysian citizen who used to be Macau's top junket operator is not a triad member, Kuala Lumpur's Minister of Home Affairs tells FBI (SCMP: 30/12/2014) 16

17 Criminal involvement in Asia betting FBI evidence shows links between IBCBET, multiple offshore betting websites, and casino junkets Son arrested by FBI and claimed that Phua owns IBCBET Settlement Channels include casino junkets, Internet payment channels, and Montenegrin bank Phua Macau arrest: Let me know if I need to activate the prime minister or San Marino ministry of foreign affairs We just received a call from Macau saying that the one who arrested Paul is a friend and they are negotiating now. Hopefully they want money only FBI Exhibit

18 Criminal involvement in Asia betting Illegal betting operators should worry us because of the threat to racing integrity 2014, Phua s associate, Richard Yong, arrested in Las Vegas and pleaded guilty to Accessory to Transmission of Wagering Information, fined USD100k and forfeit USD400k in cash & property 1997, Yong arrested and convicted in Hong Kong of charges of illegal betting relating to race manipulation 18

19 Criminal involvement in Asia betting 2) Asian betting exchanges are illegal betting operators, and a great concern for racing integrity The betting exchange concept is well established People bet against each other, not against a bookmaker The exchange charges the winner a commission Customers can place a Lay bet against a runner/player/team This is a bet on a runner / player / team to lose Citibet and Aastar are two of the most famous unlicensed and illegal Asian betting exchanges

20 Criminal involvement in Asia betting Citibet uses multiple domains (citibet, lk988, ctb988)

21 Criminal involvement in Asia betting Citibet has multiple betting products Spread Betting - Bet on the price movement of Forex, Commodity, Stock Indices In-Running Bets - Bet after the start of a race Fan Tan - Bet on number of buttons in a pile divided by croupier

22 Criminal involvement in Asia betting Citibet spread betting on Foreign Exchange

23 Asian betting exchanges and Stocks Indices

24 Asian betting exchanges and Commodities

25 Asian Betting Exchanges Citibet is estimated to have turned over around AUD million on Australian races in 2013/14 Australia legal betting on racing turnover AUD11.26 billion (USD7.81 billion) Citibet turnover AUD million (USD645 million)

26 Asian Betting Exchanges Citibet is estimated to have turned over around HK$61.5 billion (US$479.7 million) on Hong Kong races in 2014/15 Hong Kong Jockey Club HKD103 billion (USD13.17 billion) Citibet turnover HKD61.5 billion (USD479 million)

27 Criminal involvement in Asia betting 3) Casino junkets are linked to criminals, they dominate Macau casinos, some operate betting portals, they are expending internationally

28 Criminal involvement in Asia betting Casino junkets facilitate money laundering for criminals and threaten racing and sports integrity Carson Yeung, convicted in 2014 in Hong Kong of laundering USD88m from Neptune Casino Junket in Macau, operated by a major criminal Peter Pannu, former Hong Kong Police Inspector arrested in 1993 for accepting bribes from a major criminal

29 Criminal involvement in Asia betting Casino junkets are known to be investing in racing in Australia and diversifying assets and operating online betting

30 Combating illegal betting strategy HKJC taskforce works to combat illegal betting Sponsor Executive Director, Customer & Marketing Managers - Director of Security & Integrity - Director of Trading Management Office Security & Integrity Functional Support Public Affairs Security Marketing Treasury Media / government Police / research Marketing Finance sector

31 Combating illegal betting strategy We need to engage with multiple stakeholders to convince them that illegal betting is a social problem Police & other government organisations Police Home Affairs Bureau Betting & Lotteries Commission Media Newspapers TV Radio Opinion shapers Academics Think Tanks NGOs Financial Institutions Banks Credit card companies E-payment platforms Telcos / ISPs / Web firms Telcos / ISPs Advertising platforms Search engines Legislature Legislators

32 Summary Illegal / unlicensed bookmaking websites are expanding from a strong base in Asia Criminal groups control illegal bookmaking operations in Asia Illegal bookmaking has become a transnational organized criminal problem Horse racing is doing better than other sports dealing with betting related corruption, but we need to maintain our focus on racing integrity Legitimate racing and betting operators need a strategy to combat illegal betting, and competitive racing betting products and pricing 32

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