Online Gambling News in Maldives - June 2026

Five Koreans Are Arrested For Operating Online Gambling Site in the Philippines

Five Koreans Are Arrested For Operating Online Gambling Site in the Philippines

Iva P. March 28, 2014 13:28:33

Five Korean citizens got into trouble for managing online gambling website in the Philippines. Korean natives Yung Sungki, Bioung Jun-lee, Ra Su-bo, Ko Tae-myung and Woaggi Min were arrested after they were accused of operating online gambling site in the Philippines, from an apartment in Quezon City. Police statements Chief Superintendent Richard Albano, Quezon City […]

Fantastic Luck For First-Timer Who Wins GBP 86,000 After Betting Just GBP 5

Fantastic Luck For First-Timer Who Wins GBP 86,000 After Betting Just GBP 5

Iva P. March 28, 2014 12:23:01

The man who bet for the first time placed GBP 5.20 bet on a 15-team accumulator and won despite the impossible odds of around 17,000/1. This incredibly lucky man made it into the gambling news after winning GBP 86,000 at Ladbrokes in Barking, East London. He placed the modest bet of only GBP 5.20 on […]

Shanghai Financial Analyst Goes to Jail For Misusing $855,000 on Gambling

Shanghai Financial Analyst Goes to Jail For Misusing $855,000 on Gambling

Staff March 28, 2014 12:10:55

Financial analyst who embezzled his workplace with 5.3 million yuan/$855,000, as well as a private client for 350,000 yuan, was sentenced to seven years in prison. Chen’s punishment was determined by the Pudong New Area People’s Court and the criminal commented that he committed the fraud in order to be able to play online casinos […]

Gaming Software Firm Iforium Agrees Licensing Deal with NYX Interactive

Gaming Software Firm Iforium Agrees Licensing Deal with NYX Interactive

Toni March 28, 2014 11:53:42

Online gaming software firm Iforium and NYX Interactive strike a partnership deal which sees Iforium receive license for over 100 casino games. Gamflex, which serves as Iforium’s mobile casino platform, will hold the 100 games on both Flash and HTML5. Chief exec of Iforium, Phil Parry, stated, “I am delighted to announce Iforium’s partnership with […]

Gaming Firm Tipp24 Exceeds Forecast, Despite Recording Lower Profits in 2013

Gaming Firm Tipp24 Exceeds Forecast, Despite Recording Lower Profits in 2013

Toni March 28, 2014 11:11:58

Despite recording lower profits in 2013,online gaming provider Tipp 24 manages to surpass negative forecast. In 2013, the company posted a total revenue income of $178.6 million, which is lower than what they achieved in 2012, as the figures stood at $196 million. Accountants at the mobile casino claimed that EBIT decreased to $26.8 million […]

Harrah’s Announce Closure of Mississippi Casino

Harrah’s Announce Closure of Mississippi Casino

Rab March 27, 2014 18:48:22

Caesars Entertainment Corp. has announced plans to close Harrah’s Tunica casino, in early June, as a direct result of dwindling business in the area The move comes after significant “declines in business levels in the area stemming from increased competition.” Gambling revenue in the Tunica dropped more than 25% from 2008, from $1.1 billion to […]

How does Sheldon Adelson Hold So Much Power and Why is he Against Online Casinos?

How does Sheldon Adelson Hold So Much Power and Why is he Against Online Casinos?

Rab March 27, 2014 18:35:10

Recently proposed American legislation could make online gambling totally illegal, and Sheldon Adelson is trying his very best to make this a reality Right now in the American Congress and Senate lawmakers are debating over whether or not to hit online gambling and internet casino operators with an outright ban of operating within the United […]

Century Properties Seek Legal Action with Okada Companies for Terminating Investment Deal

Century Properties Seek Legal Action with Okada Companies for Terminating Investment Deal

Rab March 27, 2014 18:03:37

Century Properties Group Inc. look to sue Japanese gaming magnate Kazuo Okada for dropping their casino project in the Philippines with the Antonio-led property developer In October 2013, Century Properties Group Inc. entered into an agreement with Okada-led Eagle I to develop a portion of the 44-hectare Manila Bay Resorts in Pagcor Entertainment City. Expected […]