Belal Elshazly, the legal advisor, confirmed that what happens in sports betting is fraud by 90%, and the rest is money laundering, pointing out that we have submitted a memorandum to the administrative judiciary to warn of the dangers of sports betting in general.
Belal Elshazly said that we have requested in the lawsuit to block betting websites in Egypt, confirming that sports betting in Egypt involves millions.
The legal advisor Belal Elshazly continued, saying that 70% of bettors are under 20 years old, emphasizing that this group is more susceptible to electronic fraud.
Elshazly advised young people not to resort to these websites to protect their money from fraud.
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