Top Gambling News: Lock Poker Pro Matt Stout Out, Hacker Owns Gambling Site

Submitted by Ace King on

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Ace King

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These are the top gambling news stories here at Gambling911.com for Friday morning and early afternoon June 14, 2013 (Eastern Standard Time). Follow us on Twitter here

*Martin Finger Wins WSOP Bracelet, Lock Poker Pro Matt Stout Misses Out - At just 22 years old, Martin Finger's poker resume would make even some of the most successful pros blush. Multiple titles, more than $1.5 million in career earnings, six-figure scores on more than one continent. You name it, Finger boasted it. Prior to Event 21 at the 2013 World Series of Poker, though, his resume had one gaping hole -- a WSOP gold bracelet.

Here are the final table results for the $3,000 Six-Handed No Limit Hold’em Event 21:

1st: Martin Finger - $506,764
2nd: Matt Stout - $313,370
3rd: Matt Berkey - $199,733
4th: David Pham - $131,679
5th: Nikolai Sears - $89,402
6th: Andrew Dean - $62,458

*Chinese Hacker Detained for Running Online Gambling Website -

Chinese authorities in the eastern province say they have detained and are prosecuting  Li Jun for co-running an online gambling network that illegally netted many millions of yuan.

Mr. Li served four years for his past hacking activities. He was the creator of the infamous Panda Burns Incense, which involved a cute viral cartoon of a panda holding joss sticks that would attach itself to the victim’s computer screen then secretly steal funds from that individual's online accounts.

The endeavor, Gold Ingot Chess and Card platform, ran for a little more than a year before it was closed down in May 2012.

In some circles, Li is being compared to Edward Snowden, the confessed U.S. National Security Agency leaker.

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*Spanish Gambling Giant to Get Refinancing Deal - Codere SA, one of Spain's largest gambling companies, said it agreed to give two U.S. asset managers a piece of its debt held by existing creditors, allowing it to secure a refinancing deal.   In exchange for a six-month loan of up to €100 million ($133.8 million), Codere said it had agreed to pay an interest rate of 7.5% above the London interbank offered rate, or Libor, and an additional fee of 5% of what it borrows.

Codere piled up debt to expand in Latin America during Spain's economic boom of the past decade. (source: Wall Street Journal)

*Online Poker Film ‘Bet, Raise, Fold’ Premieres - A film detailing the history of online poker premiered at the Palms Hotel and Casino on Wednesday night for a special screening. Jay Rosenkrantz, Taylor Caby, and Ryan Firpo are behind "Bet, Raise, Fold: The Story of Online Poker", which will debut online June 30.  Web surfers can view the film by going here at that time.

- Ace King, Gambling911.com

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