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Panda Virus Creator Also Charged WIth Online Gambling

It's taken awhile, but two Chinese hackers are now facing additional charges of running online gambling.
Two Chinese hackers, previously imprisoned for creating the notorious Panda computer virus, appeared in a Chinese court again this week, charged with running online gambling games.
The publication reports that a  court in Lishui City, east China's Zhejiang Province, heard a police case against 26 people including Zhang Shun and Li Jun, creators of the "joss-stick burning panda" virus that damaged millions of computers across the globe in 2006 and 2007.
Prosecutors said the defendants, all from an online game company, operated several card games that allowed players to gamble online using virtual chips.
More than 2,200 people signed up and a total of 76 million yuan (US$12.4 million) was staked. The company raked in 8 million yuan by selling the chips.
In 2010 Li made a cash donation to a research base for giant pandas as an act of remorse for making the virus, which he named after the endangered bears.
The virus changed icons on desktops into cartoon pandas holding three burning joss-sticks and wreaked havoc by deleting files, damaging programs and stealing gaming and messanger accounts.
The outcome of the court hearing on the online gambling charges is not yet available.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

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Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

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2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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