Taiwan makes arrests in $40m illegal betting ring

Taiwan police have arrested 45 people in an illegal betting ring that was worth more than $40 million last year, AFP reports.

Among other things, the gamblers were wagering on upcoming elections and may have been able to influence voting, the agency said, citing officials. They were also betting on sports and on an illegal lottery through phone and fax lines and through mobile and internet.

Police launched weekend raids on 31 venues across the island.

The ringleader was named as Lin Shih-yuan and remains in custody. Fifteen others have been bailed and 29 more released under restrictions, AFP cited prosecutors as saying.