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UNODC estimates illegal betting reaches $1.7tn a year globally

The UN Office on Drugs and Crime (UNODC) said illegal gambling is a source of finance for organised crime, in a report on transnational crime in South-East Asia presented in Bangkok. It estimates annual global illegal betting turnover at between $340bn and $1.7tn, with about half linked to demand from China, Hong Kong, Macau and Taiwan.

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