Connect with us
SIS

Asia

Heavy punishment for persons who ran AI and WeChat-based illegal casino in China

Niji Ng

Published

on

Heavy punishment for persons who ran AI and WeChat-based illegal casino in China
Photo Source: oregonsportsnews.com
Reading Time: 1 minute

 

A court in the Chinese province of Shenzhen has slapped a severe punishment for persons who ran an illegal online casino based on the Chinese social messaging website WeChat and artificial intelligence (AI). The court verified the documents submitted by the police and analysed the mobile phones, laptops, and money seised by the police and ruled the gang was running an illegal casino via the use of WeChat red envelopes and artificial intelligence software.

Leaders of the group, Cai, Li and Huang, along with 13 other accomplices, each received sentences varying from one to four and a half years of imprisonment and fines of up to RMB200,000 as punishment. The gang was known as the “Golden Star” gambling gang. It is believed that they made around RMB430 million between the beginning of 2017 and March of 2018 when they were arrested. Of that money, the police were able to freeze just over RMB600,000.

Of the 19 people who were arrested at the time, 15 were deemed guilty and prosecuted, while four members who had been with the group for a short time were found to be not guilty.

The gang used a sophisticated AI software that gave them a distinct advantage over gamblers.

This is the first case of a public prosecution and punishment under the police force’s new effort to sweep away vice and gang-related.

 

Source: thatsmags.com

Niji 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. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

Continue Reading
Advertisement
Comments

Asia

Hokkaido’s prospects to win Japanese IR bid in doubt

Niji Ng

Published

on

By

Hokkaido’s prospects to win Japanese IR bid in doubt
Photo Source: ameristar.com
Reading Time: 1 minute

 

Harumi Takahashi, the governor of Hokkaido Prefecture in Japan, has announced that she will not be contesting for a fifth term next spring. Her departure would land a serious blow to prospects the prefecture becoming an IR destination.

Her departure means that there will be a new governor in Sapporo next spring. Most likely it will be a contest between a conservative ruling party-backed candidate and a united opposition candidate, though no one has yet declared.

Pro-IR forces are thus losing the power of incumbency in a prefecture in which opposition parties have historically performed better in elections than they do at the national level.

Next spring, the unified local elections will include both the gubernatorial race and the assembly elections. Conservative forces will likely need to win both contests for the IR plans to go forward.

Continue Reading

Asia

Operator Donaco to conduct a strategic review

Niji Ng

Published

on

By

Operator Donaco to conduct a strategic review
Photo Source: asgam.com
Reading Time: 1 minute

 

Donaco International, which operates of Star Vegas Resort and Club and other locations in Vietnam and Cambodia, is planning to conduct a strategic review of its activities, as its present share price is not in sync with its assets.

In a statement issued last week, Donaco said that it is considering various ways to eliminate or restructure its bank debt and free cash flow to conduct capital management initiatives. The total debt owing is US$39.9m, secured against the assets of the Star Vegas business, not its Aristo business.

It said that discussions are under way with “several parties” who have put forward proposals to unlock the value of the company’s assets and provide value to shareholders. It is expected that the strategic review will be issued in around three months.

The Star Vegas Resort and Club is a casino in Poipet, Cambodia, on the border with Thailand and was established in 1999. It is the largest of the Poipet casino hotels with more than 100 tables and 1400 slots. The Aristo International Hotel is a casino in northern Vietnam, close to the Chinese border, and was established in 2002. It is now a five-star casino resort with 400 rooms.

Continue Reading

Asia

Illegal gambling ring collected in Singapore collected $20m in 9 years

Niji Ng

Published

on

By

Illegal gambling ring collected in Singapore collected $20m in 9 years
Image Source: robsimple.wordpress.com
Reading Time: 1 minute

 

An ongoing court case in Singapore revealed that an illegal gambling syndicate had collected between $9.7 million and $20.2 million from its customers in a span of nine years starting from 2007.

Lim Teng Kok, one among the operators, pleaded guilty to three offences under the new Organised Crime Act, which was passed in Parliament in 2015 and took effect in June 2016.

Lim, 68, also admitted to two other charges involving illegal gambling activities.

There were allegedly more than 30 persons involved in illegal remote gambling services. All of them were arrested.

DPP Teo told District Judge Ng Peng Hong: “The accused would get a commission of 10 per cent of the total bets collected from his own punters. If the accused’s punters struck lottery, he would receive an additional 5 per cent of the winning amount.”

She added that Lim later had 80 punters placing illegal bets with him. Over time, he became a “master agent” and recruited a pool of about 15 agents under him. These agents would then collect illegal bets from punters.

The court heard that Lim earned more than $200,000 in commission between 2007 and 2015 in total.

DPP Teo urged Judge Ng to sentence him to five years and four months’ jail with a fine of $288,000. She said the court should send a strong message to deter others from committing similar offences.

Defence lawyer Steven Lam pleaded for his client to be handed a jail sentence of between three years and eight months and four years, with a $200,000 fine. He said Lim committed the offences due to dire financial circumstances and had to raise funds to treat his daughter’s kidney failure.

Lim was offered bail of $15,000 and is expected to be sentenced on Jan 15 next year.

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.