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Korean police arrests five for illegal online gambling

Niji Narayan

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Korean police arrests five for illegal online gambling
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The South Korean police have arrested five of its citizens from two houses in Bang Lamung district for allegedly hosting online gambling.

Deputy national police chief Chalermkiat Srivorakhan said Chan Jun and Donggeun Kim, both 31, were arrested at house number 62/7 on Soi Nong Mai Kaen in tambon Nong Prue.

Tae Yong Kim, 33, Jungwook Jin, 36, and Sangwoo Kim, 34, were caught at house in Garden Home housing estate near Pattaya. Police seised from them computers, software running online gambling websites and lists of gamblers’ information.

The first two suspects allegedly ran a sports betting website called Soulmate while the three other suspects allegedly operated the Coca Cola website.

Pol Gen Chalermkiat said hundreds of millions of won equivalent to about 300,000-400,000 baht were circulated through both websites monthly.

They were charged with illegally hosting gambling.

Meanwhile, police arrested 9420 Thai people on World Cup gambling charges, including about 8800 punters, and seised about 42 million baht in bets during the first 20 days of the tourney.

Deputy police spokesman Krisana Patanacharoen said on Wednesday that from June 14 to July 3 police detained 392 people for hosting gambling events, 8879 gamblers and 149 bookmakers’ agents.

The roundup included 79 online gambling hosts and 169 online gamblers.

Police also seised about 6 million baht involved in the gambling – 3.83 million baht in cash and 2.54 million baht in bank passbooks. Seised written betting orders totalled 36.03 million baht.

 

Source:  Chaiyot Pupattanapong/Bangkok Post

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Asia Gaming Expert Jeffery Fong Joins BMM Testlabs as Vice President of Sales, Asia

George Miller

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Asia Gaming Expert Jeffery Fong Joins BMM Testlabs as Vice President of Sales, Asia
Jeffrey Fong, BMM Testlabs Vice President of Sales, Asia
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BMM Testlabs, the world’s best gaming testing laboratory and technical consultancy, is pleased to announce the addition of Jeffrey Fong as the new Vice President of Sales, Asia. Fong will further develop BMM‘s leading position in compliance testing for iGaming and land-based products and casino services in the region.

Kirk White, EVP & GM Asia Pacific and Africa commented, “BMM is continually pushing for excellence in customer support and service offerings via our sales and service delivery teams. We consider it our mission to drive innovation and provide value at every turn. Jeffrey has a unique blend of business development, strategic planning, project management and gaming product knowledge that is going to help drive this mission.”

Fong has worked across multiple industries related to gaming and hospitality over the past 15 years, in both Asia and the United States.

White continued, “Asia remains a fast growing gaming market with many new market opportunities. Jeffrey’s experience with different cultures and industry segments including, land-based gaming, iGaming, casino products and operations, account management and business operations will be a real asset to BMM and our customer base.”

Fong concluded, “BMM has a stellar reputation in the industry as the go-to lab in Asia. I’m thrilled at the opportunity to join BMM and continue to provide quality testing and customer service to the gaming industry in the area.”

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Asia

Yabo Sport Becomes International Presenting Sponsor Asia for Serie A

Niji Narayan

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Yabo Sport Becomes International Presenting Sponsor Asia for Serie A
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Yabo Sport has become the International Presenting Sponsor Asia for Italy’s Lega Serie A. With this, the company’s brand will be featured in match graphics, idents, and virtual goalmat advertising in all live Serie A TIM matches broadcast throughout Asia.

Yabo Sport CEO Martin Novak said : “ We are a sports betting platform with global aspirations. Serie A has produced more great footballers than any other league. It is no exaggeration that a relationship with Serie A means we are working with one of the very best.”

The package is delivered by Interregional Sports Group (ISG) who are now in their fourth season of providing this tailored approach to sponsorship in Serie A TIM. “We are delighted to have entered into this agreement with such a prestigious brand as Yabo Sport and are looking forward to working closely with them for the rest of this season and beyond,” said ISG’s Group CEO Chris Buckley. “Yabo Sport have a long track record of working with clubs and even national teams but this is their first league-wide deal and demonstrated just what a major force they have become,” he added. “Delivering regional audiences to our brand partners through globally popular sports events is at the core of our business.”

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Asia

Silver Heritage negotiates a $5.2m settlement over Vietnam casino

Niji Narayan

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Silver Heritage negotiates a $5.2m settlement over Vietnam casino
Photo Source: agbrief.com
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Australia-based Silver Heritage Group has successfully completed the negotiation of a $5.2m settlement with the owner of the Phoenix International Club in Vietnam. The company had to go for settlement after its recent closure owing to complications with its investment certificate.

The settlement will be paid in two instalments and represents about two years of expected EBITDA contributions from Phoenix. Silver Heritage expects to record a loss on disposal of about $1.2m, related to the remaining unamortised value of the entertainment services agreement with the club, the transfer of assets and shutdown costs.

Silver Heritage said it views the settlement as “generally favourable,” given the recent underperformance of the club and the uncertainty regarding its Investment certificate and whether it will be amended to allow table games.

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