Wang Shuiming's Philippine online gambling group earns over 100 million yuan per month - this telecommunications fraud and money laundering felon will be extradited from Montenegro to China.

Wang Shuiming faces charges in China for alleged illegal gambling and has been convicted in Singapore for a major money laundering case.Recently, Montenegrin authorities stated that the country will extradite a man convicted of one of the largest money laundering cases in Asian history to his homel

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Involvement in a 16 Billion Money Laundering Case: The Arrest of the "Black Hand" in Online Gambling

Portrait of a suspect in the SGD 3 billion money laundering case in Singapore.Recently, a news from Montenegro has shocked the Chinese community.According to Montenegrin media, Wang Shuiming, one of the masterminds behind the SGD 3 billion (approximately RMB 16.2 billion) money laundering case in S

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One of the defendants in the Singapore $16 billion money laundering case, Guo Huaping, suspected boss Wang Shuiming, was arrested in Montenegro.

One of the defendants in a money laundering case involving 3 billion Singapore dollars (equivalent to about 16 billion yuan at the exchange rate of 1 SGD to 5.31 CNY at the time of the incident) was arrested after arriving in Montenegro on a private plane. Wang Shuiming, suspected of operating an i

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Wazdan enhances European footprint with Volcanobet

Wazdan has boosted its European footprint through its latest collaboration with Montenegrin operator Volcanobet.As a result of the collaboration, the firm’s players from across Southeastern Europe will be able to engage with Wazdan’s top-performing titles Mighty Wild: Panther Grand Diamond Edition,

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GamblingSites unveils igaming’s version of “Rotten Tomatoes”

Super Group has reported its highest ever third quarter revenue figure in Q3 2024, as the operator’s turnover surpassed €400m during the period and rose by more than 10% year-over-year.The parent company of Betway and Spin noted that the performance during the quarter was driven by growth in Africa,

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Montenegro's Ministry of Finance proposes taxing gambling winnings

The Ministry of Finance of Montenegro has proposed a 15% tax on winnings from gambling, a move that presents another new challenge to the industry. The Ministry states that it is unreasonable to exclude gambling winnings from taxation.This proposal would amend provisions related to personal income t

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Montenegro plans to tax gambling profits.

The government of Montenegro has proposed a 15% tax rate on gambling profits as part of its financial strategy. This tax is expected to bring in an additional five million euros annually, helping to offset the revenue loss from reduced pension insurance contributions. However, the proposal has faced

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