Police will allege in court that two men - including one arrested at Canley Heights - were involved in corrupt betting to the value of $100,000.
The two men were charged after more than $570,000 cash and casino chips valued at nearly $170,000 were seized, as part of an ongoing investigation into alleged corrupt betting at a Sydney casino.
Earlier this month, the Organised Crime Squad's Casino and Racing Investigation Unit (CRIU) commenced an investigation under Strike Force Antree following reports two men were involved in corrupt betting during a card game at a Sydney casino.
Following extensive inquiries, officers arrested a 27-year-old man at a casino carpark in Sydney and a 35-year-old man at a home at Canley Heights about 6.20pm on Wednesday, September 9.
A search warrant was executed at the Canley Heights home, where officers seized more than $270,000 cash, USD $2000 and electronic storage devices.
A second search warrant was executed at a unit at Ryde, were investigators seized more than $300,000 cash and casino chips valued at $169,000.
The younger man was taken to Day Street Police Station and charged with three counts of dishonestly obtaining financial advantage by deception and participating in a criminal group contributing tp criminal activity.
He was granted strict conditional bail to appear at the Downing Centre Local Court today.
The older man was taken to Fairfield Police Station and also charged with three counts of dishonestly obtaining financial advantage by deception and participating in a criminal group contributing to criminal activity.
He was granted strict conditional bail to appear at Liverpool Local Court today.
Investigations under Strike Force Antree are continuing.
Anyone with concerns about suspected illegal activity at casinos or within the racing industry should call Crime Stoppers on 1800 333 000.