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KOREAN BASEBALL PROS IN HOT WATER
Up to 14 professional baseball players in South Korea are being investigated by prosecutors on allegations of illegal online wagering involved "tens of millions" of the local currency, the won, reports the Korea Times.
Prosecutors have confirmed to the newspaper that 12 to 14 baseball players are alleged to have played Baccarat on an [unidentified] Internet site, gambling large amounts of money.
Baseball player-turned-show host Kang Byung-kyu was recently taken to court on similar charges, playing on a live-betting Internet casino website featuring baccarat videostreamed live from the Philippes .
Local prosecution officials said they will summon the players soon for questioning. "We examined whether other people borrowed the players' names for membership of the gambling site, but we secured evidence that the players themselves gambled,'' the senior prosecutor revealed.
According to officials investigating the case, some players stopped gambling after winning money in the games and being threatened with exposure by the operator of the website. "The operator, suspecting that the players won the games through hacking, threatened that they would notify their teams of their gambling, so the players stopped using the site,'' one official told the Korea Times.
The investigation will include an examination of the bank accounts of the players who stand accused.
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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.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
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.
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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