Police uncover virtual casino

Police in Hangzhou, Zhejiang province yesterday claimed to have arrested 11 people suspected of running an illegal gambling network, involving bets worth "more than 500 million yuan ($73 million)".

"The network acted as a bridge between Chinese gamblers and overseas casinos," Wu Jun, spokesman for the public security bureau of Xiaoshang district, Hangzhou, told China Daily.

"About 80 percent of the gamblers are local businessmen, and chances are that the money they bet came from their companies' accounts," Wu said.