North Korea Deals a Last Hand to Kim Jong Un’s Casino-Loving Half-Brother, Assassinated in Malaysia

North Korea Deals a Last Hand to Kim Jong Un’s Casino-Loving Half-Brother, Assassinated in Malaysia

North Korean dictator and anti-gambling hardliner Kim Jong Un’s more fun-loving half-brother Kim Jong-nam was headed to Macau, presumably for a gambling junket, when he was reportedly assassinated on Tuesday at the Kuala Lumpur International Airport in Malaysia.

North Korea’s Kim Jong Un hasn’t publicly addressed the assassination of his decade older half-brother this week in Malaysia, but all signs point to the dictator being involved in the murder. The brother, known to be a gambler, was headed to Macau when he was accosted by a woman and killed.

Though details of the murder are still developing, the latest reports claim two women approached the exiled North Korean, with one placing a cloth containing a suspected poison over his face. Jong-nam died on the way to the hospital at the age of 45.

Malaysian police say they’ve arrested one of the women, and note she’s a 28-year-old holding a Vietnamese passport.

Heir Abhorrent

The oldest son of Kim Jong-iI, the notorious supreme leader of the Democratic People’s Republic of Korea (DPRK), Jong-nam was well-known for leaning towards much-frowned-upon Western frivolities like casinos. None of that flew well with his famously harsh and merciless sibling-in-command.

North Korea has strict laws against gambling, as it does regarding any practice that might lead to a bit of fun or enjoyment for its citizens. There are, however, two casinos i Lire la suite

Nj-new jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Nj-new jersey Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

New Jersey on the web gaming had its year that is best up to now in 2016, plus the future, at least according to one brand new study, will probably be even brighter.

Pennsylvania is anticipated to take into account passing an igaming law this year, and that would be further good news for New Jersey online gaming, as it could help reverse internet poker’s downward spiral.

Internet gaming businesses are now being told to expect a profits increase of 17 percent in 2017. Global gaming industry research group Eilers & Krejcik says online gambling within the Garden State will reach new highs in the year ahead, regardless of the company’s forecast that electronic poker will drop by six percent.

Most useful yet for Atlantic City is their prediction that online play is leading to more bets placed at the residual seven casinos that are land-based.

‘Increased integration between the internet and casino that is live become driving extra play and visitation at land-based properties,’ the Eilers & Krejcik research claimed.

Very good News or Bad News?

While the headline reads nicely for internet casino operators plus the state’s tax coffers, 17 percent, while strong development, would really be considered a slowdown in terms of annual percentage gain.

The New Jersey Division of Gaming Enforcement (DGE) reported internet that is total in 2016 arrived in at $196.7 million. That is almost $48 mil Lire la suite

Philippines to Plug Money Laundering Holes in Casino Sector

Philippines to Plug Money Laundering Holes in Casino Sector

The Philippines is pushing forward with plans to tighten anti-money laundering (AML) controls in its casino sector.

The country’s gambling enterprises, which are lightly managed by state-run operator-regulator PAGCOR, are currently exempt from the rules of its Anti-Money Laundering Act of 2001.

Representative Ben Evardone has endorsed legislation to consist of casinos that are philippine the powers for the country’s Anti-Money-Laundering Act. All that remains is to determine the transaction reporting limit.

But the cyber heist regarding the Federal Reserve Bank of February last year, drew the relaxed nature associated with the Philippine system to your world’s attention and severely embarrassed the country, leading to urgent calls for modification not only from lawmakers inside the Philippines but in addition from the World Bank.

On February 5th, hackers flooded the Fed Bank with demands for transfers totaling almost $1 billion from an account owned by the Bangladesh Bank and utilized by the federal government of Bangladesh.

Around $101 million was successfully withdrawn before suspicions were raised. Some $20 million with this sum was quickly traced to Sri Lanka and recovered. The others had been transferred to Philippine bank RCBC and, from there, $46 million found its method, via a remittance company, to the Philippine casino industry.

Time for Change

Representative Ben Evardone, chairman regarding the committee o Lire la suite

Major League Baseball to Take Another Move at Sports Betting

Major League Baseball to Take Another Move at Sports Betting

Major League Baseball (MLB) is likely to review its stance on sports betting, as Commissioner Rob Manfred continues his conversation on gambling.

Major League Baseball Commissioner Rob Manfred will continue reviewing sports gambling, but the baseball boss seems to be going nearer to supporting widespread legalization.

Appearing this week at the Yahoo Finance All Markets Summit in New York City, Manfred stated during a conversation entitled ‘The Business of Sports’ that his league is reviewing the pros and cons of sports betting.

‘Sports gambling happens. Whether it’s legalized here or perhaps not, it’s happening out here,’ Manfred explained. ‘Are we better off in a world where we have nice, strong, uniform federal regulation of gambling that protects the integrity of sports? Or are we better off closing our eyes to that and letting it go on as illegal gambling?’

Manfred hasn’t wholly turn out in support of legalizing sports gambling, though their comments come close.

Super Opportunity

The sports betting legal debate has been on the front pages because of last weekend’s extremely successful Super Bowl. Even President Trump joined the conversation, saying that he might ‘sit straight down aided by the commissioners . . . to have their input.’

The game that is big saw the New England Patriots top the Atlanta Falcons in dramatic fashion generated a record handle at Nevada sportsbooks. Americans placed $138.45 million in Lire la suite

Philippines to Plug Money Laundering Holes in Casino Sector

Philippines to Plug Money Laundering Holes in Casino Sector

The Philippines is pushing ahead with plans to tighten anti-money laundering (AML) controls in its casino sector.

The country’s gambling enterprises, which are lightly managed by state-run operator-regulator PAGCOR, are exempt from the rules of its Anti-Money Laundering Act of 2001.

Representative Ben Evardone has endorsed legislation to include casinos that are philippine the powers for the country’s Anti-Money-Laundering Act. All that remains is to decide on the transaction threshold that is reporting.

But the cyber heist in the Federal Reserve Bank of February this past year, drew the relaxed nature associated with Philippine system to your globe’s attention and severely embarrassed the country, leading to urgent calls for change not merely from lawmakers inside the Philippines but also from the planet Bank.

On 5th, hackers flooded the Fed Bank with requests for transfers totaling almost $1 billion from an account owned by the Bangladesh Bank and used by the government of Bangladesh february.

Around $101 million ended up being successfully withdrawn before suspicions were raised. Some $20 million of this sum was quickly traced to Sri Lanka and recovered. The others was transferred to Philippine bank RCBC and, from there, $46 million found its way, via a remittance company, into the casino industry that is philippine.

Time for Change

Representative Ben Evardone, president regarding the committee on banks and interm Lire la suite