- uploaded: Feb 7, 2013
- Hits: 16
Singapore identified as the hub of a massive global soccer match fixing scam.
Singapore is in the spotlight, as European Law Enforcement agency Europol identifies the wealthy city state as the hub of a massive global soccer fixing scam.
Europol say the World Cup, the European Championships, and the Champions League have all fallen prey to the worldwide betting scandal.
The report announces that operations have been run out of Singapore, and extend to corrupt officials, players and criminals in 15 countries.
Singapore is a tightly run city state, with the government controlling the only legal betting agency.
Singapore Pools operates a vast network throughout the nation, with outlets in every housing estate to facilitate gambling.
According to Reuters, around $3 billion are gambled on sport worldwide every single day, mostly coming from Asia and wagered on soccer matches.
Soccer is the world's most popular sport, played on every continent.
The World Cup and the European Champions League are televised worldwide, and generate billions of dollars for national associations, clubs and broadcasters.
Football's world governing body FIFA has announced it will create a dedicated anti-corruption education unit based in Singapore to fight match-fixing.
But no criminal charges or arrests have been made.