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Online Poker Ring Busted In South Korea
Thursday August 7,2014 : SOUTH KOREAN POLICE BUST ONLINE POKER RING
29 arrested in raid on an internet 'badugi' business that generated $390 million in wagers.
The Korean police have announced the dismantling of an illegal online poker ring operated by five gangs in the Gyeonggi Province, with the arrest of 29 individuals.
Speaking after a series of coordinated raids Wednesday, the police revealed that the ring had generated wagers of around 400 billion won ($390 million) on the game of Badugi - a poker variant.
Warrants for the arrest of three senior gang members including an alleged ringleader surnamed Yang have been obtained, the police revealed, claiming that the de facto owner is a former gangster who resides in China.
The site’s main server was based in China and charged entry fees as well as service fees for the exchange of currency using bank accounts under borrowed names.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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