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$10.3 billion Macau gambling ring smashed

Friday June 7,2013 :  MAJOR CHINESE ONLINE GAMBLING BUST
 
US$ 10.3 billion Macau ring smashed
 
There are currently widespread reports in the mainstream Chinese media revealing that enforcement agencies have charged 17 Chinese nationals operating out of Macau as agents for online gambling operators on the island who have been targeting mainland Chinese gamblers.
 
The bust dates back to the middle of last year following over a year of undercover investigations which revealed that eight internet gambling websites were involved, accepting billions of yuan in wagers from mainland punters.
 
Estimates of the amount of wagering involved vary by publication between Yuan 80 billion (around US$13 billion) and Yuan 63 billion (about US$ 10 billion).
 
A 36-year-old man in Shanghai, named as Shou Fei, is allegedly the principal defendant in the case, which covers both online sports betting and casino action. Court documents indicate that he personally earned at least Yuan 11 million (US$1.8 million) during the year he was being investigated.
 
Shou Fei appears to have organised and managed an affiliate marketing-like structure which paid commissions to its members based on the losses of the players they introduced to the websites.
 
Shou Fei and his top lieutenant could face serious sentences due to allegations that they were on probation for similar offences at the time of the current bust.
 
Thursday's proceedings at the People's Court for the Huangpu District saw 10 members of the ring charged with illegal online gambling offences, but so far no sentences, which could be up to three years imprisonment, have been reported.



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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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