Crime by Stephen Drill
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Subscriber only Crooked cash is flooding into illegal betting markets on Australian racing, the AFL and NRL, raising fears of match fixing and corruption. A new landmark report into illegal gambling warns criminals are increasingly targeting sports to launder money made through criminal activities. At least $1 billion in Australia was being wagered on illegal betting markets, an Asian Racing Federation report found. The globalisation of sport and betting has been a perfect combination for the corruption of racing and other sport, the report said. Match-fixers can arrange a fix safe in the knowledge that leading Asian illegal bookmakers often accept large bets on even obscure sporting events.