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Indonesia's Financial Services Authority, OJK, has taken a strong stance against online gambling by blocking 1,700 bank accounts involved in these activities. In collaboration with the Ministry of Communication and Information Technology, OJK is intensifying efforts to combat the proliferation of online gambling in a country where such activities are strictly prohibited, with significant penalties for both local and foreign participants.
This measure aims to dismantle the complex network of illegal gambling operations in Indonesia, as recent investigations revealed a staggering $12 billion in online gambling handle over a five-year period, prompting authorities to target the financial transactions that support this illicit industry.
Source: https://news.worldcasinodirectory.com/indonesia-blocks-1700-bank-accounts-involved-in-online-gambling-market-with-12-billion-handle-110668
This measure aims to dismantle the complex network of illegal gambling operations in Indonesia, as recent investigations revealed a staggering $12 billion in online gambling handle over a five-year period, prompting authorities to target the financial transactions that support this illicit industry.
Source: https://news.worldcasinodirectory.com/indonesia-blocks-1700-bank-accounts-involved-in-online-gambling-market-with-12-billion-handle-110668