Myanmar Freezes MMK396.8M in 12 Accounts After Yangon Gambling Raids

Myanmar police have arrested 36 people in a Yangon Region gambling case and frozen 12 bank accounts holding MMK396.8 million ($108,400). The investigation started with one house raid and later reached several online betting operations, agent accounts and bank transfers.

The first 25 arrests came on August 21 in North Dagon Township. Aye Nyan Paing was among those detained. The government account of the case links him to seven agent accounts used for One5one, Buffalo 169, Fujiu and Sport169.

Police found computers, laptops, phones and tablets at the property. Another suspect was picked up in Tachileik two days later. That raid was only the first part of the case.

99 Legends Appears in Second Raid

Also on August 23, police searched rooms at Golden Team Mansion in Ahlon Township. The rooms were allegedly being used for 99 Legends Online Game. Seized equipment included computers, monitors and UPS units.

More arrests followed in other Yangon townships. One of them was Aung Kyaw, also known as AK. He was detained on August 28 and described in the government report as the manager of 99 Legends.

The report says he had been working under Pi Chief Yu, also known as Jack Pi or JP, since around April 2025. Pi Chief Yu had already left the country. His departure for Malaysia is dated April 21, 2025.

Investigators say Aung Kyaw sent gambling funds to bank accounts used by Pi Chief Yu. Win-loss records were exchanged through Telegram.

The same investigation later reached an online 1D, 2D and 3D betting operation. People handling finance, accounting and technical work were among the suspects detained.

For affiliates, the standout detail is the seven agent accounts. The case did not stop with front-end betting activity; police also traced how agents handled money and reported results.

MMK396.8M Frozen

By September 15, the arrest count had reached 36 – 13 men and 23 women. Two vehicles were seized as well. The 12 frozen bank accounts held MMK396.8 million, or about $108,400 using the Central Bank of Myanmar's September 16 market trading rate of MMK3,660 per $1.

A simple average puts that at about MMK33.1 million ($9,000) per account, by 15M's calculation. The government report does not provide individual account balances.

Myanmar has also been pursuing senior gambling agents in separate September cases, including people accused of operating tiered agent structures across several betting sites.

“Legal proceedings are underway against the suspects,” the Yangon report said.

Other people named in the investigation remain at large.