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Sells His Car, Van Pay Online Debts

Thursday 18 June 2009 @ 11:12 pm
van to pay online debts

van to pay online debts

AT a banana leaf restaurant off Jalan Klang Lama, the waiter points to a man concentrating on his laptop. “He’s gambling now,” he says. “He sold his car and a van to pay debts he piled up after only three months of online gambling.” The story is a common one. With Wi-Fi technology allowing any gambler with a laptop to place bets any time or place, online racketeers appear to be one step ahead of anti-gambling laws.

Malay Mail’s investigations into the extent of online gambling revealed property dealers, civil servants and wives of the wealthy who all gamble online. A Malay Mail reporter visited two virtual casinos over the weekend with two regulars who tried their luck with RM20,000 and RM10,000 each. Both lost.

Both had opened an account each at Internet gambling websites in Cambodia and Vietnam after paying a deposit of about RM5,000 with their credit cards. The operators of the online casinos, mostly abroad, appoint agents in Malaysia. The local collectors go to their homes to collect cash and distribute winnings. In other cases, gamblers would, from their personal computers, use credit cards to set up prepaid gambling accounts with those Internet sites. In the course of the betting, losses would be deducted from the pre-paid account, and wins would be added to it.

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Sells His Car, Van Pay Online Debts



Gambling - Wikipedia, the free encyclopedia
Gambling is the wagering of money or something of material value on an event with an ... In other terms gambling can be performed through materials which are ...
en.wikipedia.org/wiki/Gambling

National Council on Problem Gambling
Information about problem and pathological (compulsive) gambling and to services for those afflicted with the disorder.
www.ncpgambling.org

gambling: Definition from Answers.com
gambling Betting or staking of something of value on the outcome of a game or event. Commonly associated with gambling are horse racing , boxing ,
www.answers.com/topic/gambling

Gambling: What are the Odds?
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www.math.byu.edu/~jarvis/gambling/gambling/gambling.html

Gambling
Gambling is clearly bad social policy and bad governmental policy, with tremendous economic costs. Whether legal or illegal, it ruins lives. ...
www.leaderu.com/orgs/probe/docs/gambling.html