Police in China recently smashed another gambling ring that punted on virtual red packets on Tencent Holdings’ WeChat social media platform.
Since last year, Shenzhen authorities have arrested 71 people for gambling activities on Tencent’s WeChat and QQ platforms, with the largest sum involved at more than 60mil yuan (RM35.77mil), according to the official Xinhua News Agency. Similar cases were also reported in Jiangsu, Hunan, Yunnan, Guizhou, Sichuan and Zhejiang provinces. Tencent declined to comment on the report.