Dafabet left with their Wang out as China cracks down on online credit betting

The recent deportation of former Dafabet exec Wang Bo to face illegal gambling charges in China has reinforced the dangers of conducting online credit betting in Asia. ​

Wang fled China for the Philippines this February after local authorities began rounding up members of his illegal online credit betting operation. Following his prolonged and occasionally farcical efforts to sway Philippine immigration authorities to allow him to stay, Wang was escorted back to China this weekend to face his lumps.

Upon Wang’s return, Chinese media began publishing details on a related crackdown in Heilongjiang province involving the Philippines-based ‘Dafa 888′ group. The authorities claimed to have frozen RMB 230m (US $37m) belonging to the operation, which involved gamblers in over 10 provinces. Around 125 individuals connected with the ring have been detained.

The media reports prompted Dafabet’s parent company AsianBGE Ltd, a subsidiary of sports betting technology provider AsianLogic, to issue a statement denying any current connection to Wang, whom they say “severed all ties” with the company in 2012.