<?xml version="1.0" encoding="UTF-8"?>
<!-- generator="wordpress/2.0.5" -->
<rss version="2.0" 
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	>

<channel>
	<title>TechAddress</title>
	<link>http://www.techaddress.com</link>
	<description>Providing the Latest User-Generated and Aggregate Technology News</description>
	<pubDate>Fri, 02 Jan 2009 06:16:22 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.0.5</generator>
	<language>en</language>
			<item>
		<title>Shanghai jails leaders of online betting ring</title>
		<link>http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/</link>
		<comments>http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/#comments</comments>
		<pubDate>Thu, 15 Mar 2007 05:01:54 +0000</pubDate>
		<dc:creator>TechAddressBlog</dc:creator>
		
		<category>TechAddress</category>

		<category>gambling</category>

		<category>china</category>

		<category>jail</category>

		<category>betting</category>

		<category>yuan</category>

		<category>casino</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/</guid>
		<description><![CDATA[




A court in Shanghai has given jail sentences to leaders of a five billion yuan ($646 million) online gambling ring, the city&#8217;s largest on record, state media reported on Thursday. China banned gambling after the Communists swept to power in 1949. State-sanctioned lotteries operate, but revenues are dwarfed by black market takings.


The court handed a [...]]]></description>
					<content:encoded><![CDATA[<p><!-- END HEADLINE --></p>
<div id="ynmain"><!-- BEGIN STORY BODY --></p>
<div id="storybody">
<div class="storyhdr">
<div class="source"><img src="http://us.i1.yimg.com/us.yimg.com/i/us/nws/p/reuters120.gif"></div>
<p>A court in <a href="http://en.wikipedia.org/wiki/Shanghai">Shanghai</a> has given jail sentences to leaders of a five billion yuan ($646 million) online gambling ring, the city&#8217;s largest on record, state media reported on Thursday. China banned gambling after the Communists swept to power in 1949. State-sanctioned lotteries operate, but revenues are dwarfed by black market takings.</p>
</div>
<p align="center"><!-- BEGIN TAG - 300x250 - www.techaddress.com - DO NOT MODIFY --><!-- END TAG --></p>
<p>The court handed a seven-year sentence and a six million yuan fine to ringleader Ren Bin, who used foreign online gambling accounts to set up betting Web sites, and recruited staff to attract clients and collect takings, the <a href="http://english.people.com.cn">People&#8217;s Daily</a> said. Five others were given sentences of up to 4- years and fined one to two million yuan. The syndicate had amassed 5.25 billion yuan in betting revenue, the paper said.</p>
<p>Regular crackdowns on illegal betting rings in recent years have failed to quell China&#8217;s gambling fervour. In 2005, Chinese bet some $600 billion yuan overseas &#8212; equal to the annual revenue of the country&#8217;s tourism industry, state media reported. Last July, police in China&#8217;s southwestern <a href="http://www.travelchinaguide.com/cityguides/sichuan/index.htm">Sichuan</a> province broke a billion-yuan online betting syndicate involving thousands of registered users across the country.</p>
<p>($1=7.740 Yuan)</p>
</div>
</div>
<div class="sociable"><span class="sociable_tagline"><strong>Share and Enjoy:</strong><span> These icons link to social bookmarking sites where readers can share and discover new web pages.</span></span><ul style="list-style-type: none">
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://digg.com/submit?phase=2&amp;url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/digg.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://del.icio.us/post?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/delicious.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://reddit.com/submit?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/reddit.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://tailrank.com/share/?text=&amp;link_href=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/tailrank.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://myweb2.search.yahoo.com/myresults/bookmarklet?u=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/yahoomyweb.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.furl.net/storeIt.jsp?u=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;t=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/furl.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.newsvine.com/_tools/seed&amp;save?u=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;h=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/newsvine.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.blinklist.com/index.php?Action=Blink/addblink.php&amp;Description=&amp;Url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;Title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/blinklist.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://blogmarks.net/my/new.php?mini=1&amp;simple=1&amp;url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/blogmarks.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://co.mments.com/track?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/co.mments.gif"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.connotea.org/addpopup?continue=confirm&amp;uri=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/connotea.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://de.lirio.us/rubric/post?uri=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/;title=Shanghai+jails+leaders+of+online+betting+ring;when_done=go_back"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/delirious.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://cgi.fark.com/cgi/fark/edit.pl?new_url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;new_comment=Shanghai+jails+leaders+of+online+betting+ring&amp;new_comment=http%3A%2F%2Fwww.techaddress.com&amp;linktype=Misc"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/fark.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.linkagogo.com/go/AddNoPopup?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/linkagogo.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://ma.gnolia.com/beta/bookmarklet/add?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring&amp;description=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/magnolia.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.netvouz.com/action/submitBookmark?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring&amp;description=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/netvouz.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.rawsugar.com/tagger/?turl=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;tttl=TITTLE"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/rawsugar.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.blinkbits.com/bookmarklets/save.php?v=1&amp;source_url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring&amp;body=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/blinkbits.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.scuttle.org/bookmarks.php/maxpower?action=add&amp;address=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring&amp;description=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/scuttle.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.shadows.com/features/tcr.htm?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/shadows.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.simpy.com/simpy/LinkAdd.do?href=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/simpy.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://smarking.com/editbookmark/?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;description=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/smarking.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://feedmelinks.com/categorize?from=toolbar&amp;op=submit&amp;url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;name=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/feedmelinks.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://www.spurl.net/spurl.php?url=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/spurl.png"></a></li>
	<li style='float:left;padding-right:5px;padding-bottom:10px;'><a href="http://wists.com/r.php?c=&amp;r=http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/&amp;title=Shanghai+jails+leaders+of+online+betting+ring"><img src="http://www.techaddress.com/wp-content/plugins/sociable/images/wists.png"></a></li>
</ul></div><br/>
]]></content:encoded>
			<wfw:commentRss>http://www.techaddress.com/2007/03/15/shanghai-jails-leaders-of-online-betting-ring/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
