Gambling and Sports Betting News Wire - August 1, 2019

Written by:
C Costigan
Published on:

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday August 1, 2019.

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Civil Forfeiture Targets in B.C.'s Biggest Money-Laundering Case Deny Wrongdoing

Paul King Jin and spouse Xiaoqi Wei have filed responses to a B.C. Civil Forfeiture Office suit to seize cash and assets potentially totalling more than $8 million, including houses and a Porsche, in what is British Columbia’s biggest money laundering case.

The civil forfeiture office alleged in its lawsuit, filed this spring, that the assets and $4.86 million in cash seized in police raids in 2015, including in a gun safe in a bedroom in a luxury Richmond condo, are proceeds of crime.

Both argue the lawsuit should be thrown out.

Jin and Wei also argue in their response that searches that led to the seizures of cash and documents were a violation of their Charter rights to protect them against unreasonable searches and seizures.

“In response to the claim as a whole, the defendant pleads that at any and all material times, the manner in which the defendant has been investigated by police, along with the process by which such investigative fruits have been forwarded to and accepted by the director of civil forfeiture, was all in contravention of the defendants (charter) rights,” Jin’s lawyer, Bibhas Vaze, stated in the response.

Read More Here

Crown Junket Partner Banned From Australia

$100,500 Bet Placed on Philadelphia to Make NBA Playoffs

Pointsbet Opening Office in Downtown Denver

Only 15% of Bitcoin Left to Mine

Bitcoin has a fixed maximum supply of 21 million coins. That means the remaining quantity of 3,115,925.00 BTC is what’s left to mine in 120 years. A figure that will be reached in the year 2,140.

CNN International Talks Bitcoin 9:40 am ET

This will be on CNN International, not CNN (which most in the US get).   Check your local listings.

Our Free Picks Record August 1

2019 MLB Record: 19-13-2 (59.3%) - No Plays Over -160

2018-19 College Basketball Record: 12-9 (57.1%)

2018-19 NBA Record: 7-5 (58%)

2018 MLB Record: 45-35 (56.2%)

2018 NBA Record: 12-4-1 (75%)

Gambling News July 2019

Gambling News

'I thought I was Rain Man’: The Dying Art of the Parlay Card Wiseguy

Long considered a sucker bet -- and they are for most of us -- professional bettors such as Cowboy Erik have been beating parlay cards for decades. But the edge is diminishing, and the hassle is increasing.

Is JazzSports.ag Safe to Play at?

JazzSports.ag is very safe to play at and is in fact endorsed by Gambling911.com.  The company has been in existence since 1996 and enjoys a significant presence in both the North American and Latin American market.

Is LeoVegas Safe to Play at?

Is LeoVegas Safe to Play at?

LeoVegas is considered one of the safer online casinos in the industry as well as one of the fastest growing. 

The Gambling911.com Crime Blog

The Gambling911.com Crime Blog: Poker Player Charged With Child Sex Abuse Asks for New Judge

Welcome to the Gambling911.com Crime Blog, all the latest news and social media stories about gambling-related crime as well as organized crime.

BetOnline News: Who Will Luka Doncic Sign His Next Shoe Deal With

Effective October 1, 2019, Gambling911.com is proud to present all the latest news pertaining to one of our long time partner sites BetOnline.