ISIS Moves Into Online Casinos To Offset Dwindled Oil Revenue

Authored by Tsvetana Paraskova via OilPrice.com,

Islamic State is running online casinos as the terrorists try to compensate dwindled revenues from oil smuggling after they were driven out of vast areas in Syria and out of Iraq, Vasily Nebenzya, Russia’s Ambassador to the United Nations, said on Thursday.

“They are honing their skills with modern technology,” The Moscow Times quoted Nebenzya as telling the United Nations Security Council meeting.

“Caliphate fighters are not shying away from seeking revenue from online casinos,” the top Russian diplomat to the UN said, citing a report by the UN Counter-Terrorism Office.

As of the end of last year, ISIS revenues from oil smuggling and extortion were down to US$2 million per month, while the overall monthly earnings were at US$3 million, according to Nebenzya.

To compare, the UN has estimated that back in 2015, the annual income generated by ISIS from oil and oil products was between US$400 million and US$500 million.

Over the past two years, the U.S.-led coalition that is fighting ISIS in Iraq and Syria has managed to cut the militants’ oil revenues to less than US$4 million monthly from a peak of US$50 million, statistics by the coalition provided to USA TODAY in October 2017 showed.

According to the sixth report of the Secretary-General on the threat that ISIS (or ISIL) poses from January 2018,

“The ability of ISIL to generate revenues was considerably weakened during the reporting period, largely owing to the group’s loss of control over oil and gas fields in the Syrian Arab Republic. Because of these and other losses, ISIL’s revenues have fallen by more than 90 per cent since 2015.

These losses notwithstanding, the group may not have completely lost the ability to profit from hydrocarbons, and it could continue to obtain funds through extortion and the control of checkpoints.”

“ISIL is no longer focused on conquering and holding territory. It has been forced to adapt and focus primarily on a smaller and more motivated group of individuals who remain committed to inspiring, enabling and carrying out attacks,” Vladimir Voronkov, the head of the UN Counter-Terrorism Office, said at the Security Council meeting yesterday.  

Comments

Pandelis tmosley Mon, 02/12/2018 - 09:49 Permalink

that is so lame ... they collect money online, through the banking system and still being able to do so?

 

these guys are killings hunderds and hunderds in the middle of Paris, Berlin and London ... what is the police doing??? where are our taxpayers money going???  what are theresay may and president macron doing ???

In reply to by tmosley

Potato Farmer auricle Mon, 02/12/2018 - 11:30 Permalink

Try video poker.  I guess you can make a lot of money at that, buy a sh**load of guns, and shoot people from tall buildings.

I'll send you a bill in the mail for my consulting services.

And none of those stinking Federal Reserve Notes.

Oh...P.S.  Try those guys who make $7k a week doing who knows what.  Those geniuses have it all figured out.

In reply to by auricle

Dick Sauce USofAzzDownWeGo Mon, 02/12/2018 - 12:55 Permalink

Christopher Bollyn, Rebekah Roth, Dr. Kevin Barret and Dr. Alan Sabrosky have provided ample evidence of Israel's deep involvement in 911. I also have a hunch General Wesley Clark was giving us a hint at the beginning of his famous "7 countries in 5 years" interview. He says, " 10 days after 911 I went to the Pentagon and I saw Secretary Rumsfeld and Deputy Secretary Wolfowitz ". There was no reason to mention them in the context of his answer why did he name them? 

In reply to by USofAzzDownWeGo

44magnum Mon, 02/12/2018 - 09:28 Permalink

 the U.S.-led coalition that is fighting ISIS in Iraq and Syria has managed to cut the militants’ oil revenues to less than US$4 million monthly from a peak of US$50 million, statistics by the coalition 

Yeah, they don't lie

Easyp Mon, 02/12/2018 - 09:29 Permalink

Really?  Thought that gambling was banned under the Laws of Islam?  Anyhoo Tel Aviv way ahead of them, 888 one of my best pension investments!

Mustahattu Mon, 02/12/2018 - 09:35 Permalink

Bullshit. Where are these Jihad casinos based, where’s the license, where’s the multilingual support and payments and fraud and marketing teams based out of... running an online casino with actual customers is not easy. This looks like Russia just wants to crack down on online casinos in general. 

 

Dumpster Elite Mon, 02/12/2018 - 09:42 Permalink

Try playing their online slot machines...three infidel heads wins you a whole lotta shekels. Their online Texas hold'em kinda sucks though. Every person you're playing against is wearing one-way sunglasses and a towel. No "tells" to be had.

just the tip Mon, 02/12/2018 - 09:43 Permalink

when are cupcakes like tsvetana gonna stop writing horseshit like this:

Over the past two years, the U.S.-led coalition that is fighting ISIS in Iraq and Syria has managed

horseshit.  the US has done nothing of the sort.

hey tsvetana, you forgot to call it a civil war as well.

Hammer of Light Mon, 02/12/2018 - 10:07 Permalink

So let me get this right... the CIA/ISRAEL/UK is getting its ass kicked with its ISIS that was a manufactured creature from the FIRST Bush era and now getting their asses blown to bits by the Trump Admin and the Russians are obliterating ISIS on the ground in the ME, the Afghan poppy fields are getting blown to bits by the Trump Admin and they're (ISIS= USMIC/CIA=ISRAELUK) looking for alternative means of supporting their dark networks because their main squeeze on money is getting removed?

So the move is simple... move in on the Casino turf lol! Oh that's right... a bigger predator taking over the smaller predators turf AKA the MOB.

Hey Casino's... meet the new boss, SAME as the old boss only with an entire intelligence apparatus that's hooked up to the planet in every home across the world.

Hey Bezos... you in there with your Echo and Alexa? Can you hear me now?

Ahhh Whatza matta their Twinkies? hahahaah GO BUGGER A GOAT YOU STINKING CIA MIC ISRAEL UK DEMONS! There is no place in civil society for you now or ever!