Chauffer Suspect in Murder of Taiwanese Mogul Shih Chia-chin

Chauffer Suspect in Murder of Taiwanese Mogul Shih Chia-chin

Hsieh Yuan-hsin may be the main suspect in the kidnapping and murder of Shih Chia-chin. (Image: Taiwan police)

Taiwanese online gambling ringleader Shih Chia-chin may never be a home title in cyberspace betting community, but he had been infamous in his home country for the wealth he received by running their web sites. Now, their kidnapping and murder have actually shocked the island country. Shih’s body was found Sunday evening in Tainan County by police. He was allegedly murdered after being kidnapped by his chauffeur and others that are several August 18.

Chauffeur Abducted Shih at Airport

On that day, Shih was acquired at the Taoyuan airport near Taiwan by their chauffeur, Hsieh Yuan-hsin. Just three hours later, the accountant at Shih’s company received a telephone call saying that Shih had been kidnapped and demanding a ransom of TW$50 million ($1.67 million). Shih’s family attempted to negotiate with the kidnappers, eventually agreeing to wire TW$30 million ($1 million) to three bank that is separate.

When the family still don’t hear from Shih, they contacted the police for assistance later that day. Hsieh apparently made an attempt to withdraw the transferred ransom soon thereafter, but fled when he had been asked to provide identification at the bank.

Hsieh Flees to Thailand

Despite efforts from prosecutors who issued a warrant to bar him from leaving the country, Hsieh managed to board a flight to ThailaContinue reading

Las Vegas Bounces Straight Back, But US Areas Flounder Elsewhere

Las Vegas Bounces Straight Back, But US Areas Flounder Elsewhere

While the Las vegas, nevada Strip is finally making a comeback, other regional gambling areas continue to struggle. (Image: Mandarinoriental.com)

Las Vegas is officially on the up, but that didn’t stop Moody’s Investors Service from downgrading its view of the US casino gaming market from “stable” to “negative” recently. Yes, while the Las Vegas Strip is about to see its 5th gaming that is annual gain since the economic downturn of 2008, regional markets elsewhere in America are failing to bounce right back from the recession.

Presently 28 states host casinos, with several, such as New Hampshire and Kentucky, considering legalization, as well as others, notably New York and Massachusetts, going through some type of casino legalization or expansion process at present. And yet, in accordance with analysts, it appears that outside of Las Vegas, Americans just aren’t gambling enough.

“The fact regional gaming revenues excluding Nevada remained flat, despite further improvement throughout the economy and extra local casinos throughout the US, is just a strong indication that US customers will carry on to limit their investing to things more crucial than video gaming, even while the United States economy continues to enhance,” Moody’s explained in a report posted earlier this month.

Depressing Story

Much has been made associated with the stagnaContinue reading

Nevada Approves 888 On Line Poker Pool-Sharing Network

Nevada Approves 888 On Line Poker Pool-Sharing Network

888’s brand new networking system could function as the blueprint for the first regulated and legal liquidity-sharing community in America for online poker players. (Image: proactiveinvestors.co.uk)

The prospect of interstate on line poker player pool-sharing within the US has moved one action closer, after the news that the Nevada Gaming Control Board (NGCB) has, on major, approved a multi-operator player-sharing community in the state. The Board heard that the new system, created by 888 Holdings, would link the web poker web sites of multiple gambling enterprises in Nevada, thus increasing player liquidity.

The network that is new initially consist of 888’s partner and market frontrunner in Nevada, WSOP.com, as well as a new Treasure Island on-line poker room, that will be currently looking for regulatory approval prior to introduce, and a 3rd separate 888 poker room. The home would be open for other operators to participate in the future. The Board said it would make a decision that is official the matter this week.

It’s a step that is real for Nevada, that has struggled to achieve the levels of liquidity and income that had been hoped for previous to legislation. While figures for the State of Nevada have naturally enjoyed a lift during the World Series of Poker, they’re still lagging well behind New Jersey; the NGCB reported a growth in online poker revenue in might over the previous month, to 8.84 % ($862,000Continue reading