..

Two Charged in $4 Mil Casino Theft, Macau Reopens

Written by:
Aaron Goldstein
Published on:
Aug/12/2020

LIVERMORE (CBS SF) — Two people have been charged in an alleged Livermore gambling scheme involving a theft of about $4 million, state prosecutors said Monday.

Husband and wife Eric Nguyen and Khan “Tina” Tran were charged and arraigned in connection with the alleged theft from the 580 Casino in Livermore where Tran worked as a Baccarat dealer.

Prosecutors allege that the pair conspired to cheat at Baccarat between 2015 and 2017.

Watch above

World's Biggest Casino Hub is Back in Business - Macau has taken its first steps on the road to recovery as the casino capital starts issuing tourist visas again.

Asia's gambling hub became a ghost town after coronavirus lockdowns saw a severe downturn in visitors.

Macau authorities said they will slowly start handing out tourist visas from Wednesday to bring gamblers back.

Casino operators have been losing $15m (£11.5m) daily in expenses, according to estimates.

Visas for both individuals and group tours from mainland China will be restored in phases.

- Aaron Goldstein, Gambling911.com

Gambling News

Fixing The Wire Act: Virtual Conference Scheduled October 7

Fixing The Wire Act: Virtual Conference Scheduled October 7

Simply put, the Unlawful Internet Gambling Enforcement Act (UIGEA) is an unfunded mandate requiring banks to prevent certain types of money transfers from being used for the purpose of online gambling in the USA.

5Dimes Agrees to Forfeit Over $46.8 Million to Resolve Criminal Probe

5Dimes Agrees to Forfeit Over $46.8 Million to Resolve Criminal Probe

United States Attorney William M. McSwain announced that the internet sports betting company, 5D Holdings Ltd. (operating under the unincorporated brand name, “5Dimes”) and Laura Varela, have agreed to forfeit more than $46.8 million in gambling proceeds as part of a settlement agreement in a criminal investigation into 5Dimes’ sports betting operation based in Costa Rica that allowed American gamblers to place bets, primarily through its website www.5Dimes.eu, in violation of U.S. law. Beginning in at least 2011, 5Dimes accepted wagers from and made payouts to U.S. bettors, and transferred more than $46.8 million in proceeds earned from its illegal gambling activities in such a manner as to attempt to hide the nature, location, source, and control of the funds.

Caesars Threatens Termination in Bid to Acquire William Hill

Caesars Threatens Termination in Bid to Acquire William Hill

Caesars Entertainment on Monday raised the stakes in a bidding war over William Hill. It has entered into advanced negotiations concerning the potential $3.7 billion takeover.

Best Betting Site Features

Best Betting Site Features

The number of different ways to wager on a sports event has changed drastically throughout the past few years. During this period, the internet has taken sports betting to another level, making it insanely popular worldwide.

Books Have Modest Day With Limited One-Sided Action

Books Have Modest Day With Limited One-Sided Action

The liabilities for Week 3 NFL were relatively low all things considered, but Monday Night Football has the potential to be a classic with KC seeing heavy early action.

Syndicate