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Sports BettingMay 20, 2026·1 min read
Turkey's Illegal Gambling Market Worth Up to $60 Billion, Says Vice President
Turkey’s Vice President, Cevdet Yılmaz, revealed that the size of the illegal gambling sector is an estimated $20bn to $60bn. The country continues the crackdown on illegal gambling, money laundering and related crimes. Cevdet Yılmaz, the Turkish Vice President, speaks about the country’s recent progress in the fight against criminal betting syndicates.
Turkey was added to the Financial Action Task Force’s 'grey list' in 2021 due to inefficient anti-money laundering practices. Several years later, in 2024, the country was removed from the 'grey list,' while the Financial Action Task Force highlighted the country’s continuous efforts and progress in combatting money laundering and other crimes.
Turkish authorities have conducted a series of operations against illegal gambling and betting syndicates over the last two years. Cevdet Yılmaz, the Turkish Vice President, acknowledged that illegal gambling operators are not controlled by any regulatory framework.
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