Israeli Police Crackdown on Biggest Online Gambling Network

This week, the Israeli authorities conducted the biggest action in the country's history, cracking down on the largest gambling network as a result of year-long undercover investigation.

The enormous operations saw the police raid dozens of locations including money exchange kiosks in Tel Aviv, Holon, Herzliya and Rishon Lezion and the homes of forty suspects, who were brought in for questioning about the focus of the investigation - an Israeli-focused betting site DonBet.

It is estimated that the website processed at least 1 billion dollars in the past two years and $6 to 7 Billion over the past five years, throughout which it was providing punters with the possibility to place bets on soccer games, horse racing and blackjack. Its servers were reportedly located in Israel and the Netherlands.

The police targeted DonBet while they were investigating into the origin of "tens of millions of dollars" obtained through illegal gambling operations by criminal gangs in central Israel. The site was described by the police as "a growth engine that is suspected of financing criminal gangs in Israel".

The action conducted in cooperation with income tax investigators, tax authorities and money laundering investigators, resulted in the suspects standing accused of money laundering, gambling, criminal conspiracy, and violations of the Combating Criminal Organizations Law (5763-2003).

"There is no doubt that the investigation could damage an important means of financing for top criminals in Israel, and the state could make tens of millions of shekels from the seizures," it was assessed by a Police spokesperson.

Sports Society News General Sportsbook News

Login to post a comment:


Click Here to register a new account

What's going on right now!

1mins ago someone from us flag United States read article Playtech Subsidiary Signs Up New Operator on Italian Market

Sports Community

Share this page on:
Follow LSB on:
Follow LSB

Join Now for full access

In the last 24h


  • New Members
  • Members Online
  • Guests

eighteen plus only

Follow LSB on Facebook Follow LSB on Twitter Follow LSB on Pinterest Follow LSB on Google plus