Philippine-based Online Gambling Site Busted-SKorea Officials

SEOUL (AFP)–South Korean prosecutors have busted an online gambling ring operated by Koreans from the Philippine capital Manila, which cleared some $100 million over 18 months, officials said Tuesday.

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Mon, September 29th, 2008

Related Gambling News:

Do you know that:

  • Gambling is defined by the Webster's New World Dictionary as the following: to play games of chance for money or some other stake, or to take a risk in order to gain some advantage.
  • The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.
  • Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.
  • The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports cards.