Korea Busts $121.4m YouTuber-Linked Horse Betting Ring

  • Gang used referrals from a horse racing YouTube influencer to recruit gamblers
  • Police said another YouTuber arrested for gambling placed $151,622 across 116 bets
  • Gang relocated operation to Vietnam two years ago to “avoid domestic crackdowns”
Horse on racing track
YouTubers have been inculpated in an illegal horse racing betting ring in Korea. [Image: Shutterstock.com]

Pirate gang

Police in Korea have busted a crime network suspected of operating an illegal horse betting site that generated ₩170bn ($121.m) while using pirated live streaming of races, and the help of a YouTube influencer.  

Site operators were among the 29 people the Seoul Metropolitan Police Agency arrested on Thursday and charged with violating Korean Race Authority-linked laws on gambling. 

illegally streamed real-time KRA-sanctioned horse races

According to the SMPA, the gang operated from December 2022 to November 2024 during which it illegally streamed real-time KRA-sanctioned horse races.

To recruit bettors, the SMPA stated, the group used text ads and referrals from a horse racing YouTube influencer boasting around 10,000 followers.

Complex ties

Another YouTuber was also implicated, but for gambling rather than taking part in the organzation. According to Korea JoongAng Daily, the SMPA also charged 140 of the illegal site’s 17,795 members with gambling violations. 

All of those facing gambling charges bet over ₩5m ($3,542) each, including another YouTuber accused of placing ₩214m ($151,622) across 116 bets.

The gang also allegedly partnered with another crime organization to take care of gambling fund deposits and withdrawals, “paying commissions of 0.3 to 1 percent.”

regularly changed burner phones

To avoid law enforcement, the suspects regularly changed burner phones and opened “front accounts” under false names to handle payments. The group, however, eventually drew the attention of police when an  intelligence report on the gang’s activities led to the joint SMPA-KRA investigation starting in June.

Globetrotting enterprise

Local news reports claim the gang launched the illegal site in Korea, but two years ago allegedly relocated to Vietnam’s Ho Chi Minh City to “avoid domestic crackdowns” where they continued their horse racing enterprise. 

A police spokesperson warned after the arrests that: “All online horse racing websites other than the official KRA service are illegal, and users may be prosecuted for gambling.” No doubt they should have stuck to playing legal real money slots.

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