Chinese man wins ¥1.8 billion from betting on Japanese horse races
Chinese man in his 30s in Nagoya bet on horse races and won 1.8 billion yen. He used a special software program that predicted the winning horse of a race and received financial capital from Chinese investment groups. He won 9.5 billion Yen but 7.7 billion was subtracted due to the cost of buying betting tickets.
Chinese man wins ¥1.8 billion betting on Japanese horse races. He hid his gambling earnings from the tax authorities. Even after paying the taxes and a heavy fine, he was left with only 800 million yen. The gambler has since returned to China.
