Together, they fixed hundreds of soccer matches around the world, targeting nearly every league — from the prestigious Champions League and World Cup qualifying matches to obscure, low-level matches. Once the Sapina brothers had persuaded their contacts to fix matches, Mr. Tan could then place bets on the Asian sports gambling market, the biggest in the world. Because much of the Asian market is underground, estimates of its size vary greatly. Patrick Jay, a senior executive of the Hong Kong Jockey Club, one of the largest government-controlled gambling companies in the world, estimated that the Asian market handled $1 trillion in wagering.
“It is huge,” Mr. Jay said. “FIFA boasts about how much money they make every four years with the World Cup. You know what they call $4 billion in the illegal betting markets in Asia? Thursday.”
Together, they fixed hundreds of soccer matches around the world, targeting nearly every league — from the prestigious Champions League and World Cup qualifying matches to obscure, low-level matches. Once the Sapina brothers had persuaded their contacts to fix matches, Mr. Tan could then place bets on the Asian sports gambling market, the biggest in the world. Because much of the Asian market is underground, estimates of its size vary greatly. Patrick Jay, a senior executive of the Hong Kong Jockey Club, one of the largest government-controlled gambling companies in the world, estimated that the Asian market handled $1 trillion in wagering.
“It is huge,” Mr. Jay said. “FIFA boasts about how much money they make every four years with the World Cup. You know what they call $4 billion in the illegal betting markets in Asia? Thursday.”
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