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Tokyo Police Bust Illegal Gambling Operation

Tokyo Metropolitan Police announced that they have bust the online casino Internet Nevada and arrested three suspects in Tokyo’s red-light district, Kabukicho.

Tokyo Metropolitan Police announced that they have bust the online casino Internet Nevada and arrested three suspects in Tokyo’s red-light district, Kabukicho.

The 55 year old manager of Internet Nevada, Takeshi Yoshida and two other employees were taken into custody for illegally running a gambling venue with the purpose of financial gain. It has been reported that all three of the suspects have admitted to the charges.

Investigators raided the establishment at the end of last month which advertised itself as a 24 hour internet café.

They found a man playing baccarat and poker on one of 12 computers which were linked to an overseas gambling site.

Gambling is illegal in Japan apart from on motorbike, horse, boat and bicycle racing. Playing pachinko is not considered gambling since winnings are returned to the player.

According to Tokyo Broadcasting Television the gambling operation was based on a points system. Winning bettors were paid 100 yen for each point they gained or bet they won.

Since they opened in January it is estimated that Internet Nevada generated over 70 million yen in revenue.

Yoshida is reported to have said that he “thought it was a quick and easy way to earn money.”

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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