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.
Online Casino News Courtesy of Infopowa
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Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.
We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.
His passing in February 2019 was a dark day for us. He will be forever missed.