Monthly Archives: January 2016

Half of record Lotto jackpot still remains unclaimedThe winner of the …

The winner of the remaining A 33 million half of the UK’s biggest-ever Lotto jackpot has still not come forward, well over a week after the headline-grabbing draw. A Camelot spokeswoman confirmed no one had yet lodged a claim for the money, but added: “We’ve had people come forward in the second week – that’s not uncommon – but we have no update as yet.”

Half of record Lotto jackpot still remains unclaimedThe winner of the …

The winner of the remaining A 33 million half of the UK’s biggest-ever Lotto jackpot has still not come forward, well over a week after the headline-grabbing draw. A Camelot spokeswoman confirmed no one had yet lodged a claim for the money, but added: “We’ve had people come forward in the second week – that’s not uncommon – but we have no update as yet.”

South Korea fines new Cardinals pitcher for gambling

The newly-signed St. Louis Cardinals reliever Seung Hwan Oh gets another fine for his gambling escapade in Macau and this time from his country South Korea.

A Seoul court has fined Oh KRW 10 million ($8,300) for breaking South Korean laws by gambling at a Macau casino, according to spokesman Joon Young Maeng at the Seoul Central District Court on Tuesday.

Former Chicago Cubs pitcher Lim Chang-yong, Oh’s ex-teammate with South Korean club Samsung Lions, was also fined the same amount.

Oh and Lim were recently ordered by the Korean Baseball Organization (KBO) to pay a fine of KRW 7 million ($5,800) after prosecutors decided their actions constituted a summary offense. Both were also hit with half-season bans if they decide to return to the KBO League.

South Korea fines new Cardinals pitcher for gambling

The newly-signed St. Louis Cardinals reliever Seung Hwan Oh gets another fine for his gambling escapade in Macau and this time from his country South Korea.

A Seoul court has fined Oh KRW 10 million ($8,300) for breaking South Korean laws by gambling at a Macau casino, according to spokesman Joon Young Maeng at the Seoul Central District Court on Tuesday.

Former Chicago Cubs pitcher Lim Chang-yong, Oh’s ex-teammate with South Korean club Samsung Lions, was also fined the same amount.

Oh and Lim were recently ordered by the Korean Baseball Organization (KBO) to pay a fine of KRW 7 million ($5,800) after prosecutors decided their actions constituted a summary offense. Both were also hit with half-season bans if they decide to return to the KBO League.

SkyCity expects first-half profit to rise 30%

SkyCity Entertainment Group’s shares are on the rise after it predicted first-half profit to rise as much as 30%.

New Zealand’s only listed casino operator SkyCity said it expected a net profit of $69m to $71m for the half year to December 31, compared to $54.6m for the same prior period. Earnings before interest, tax, depreciation and amortization (EBITDA) will also increase to $170m–$173m, from $140.9m.

The normalized profit is expected to rise by as much as 29% over the same period a year ago, in a range of $83m to $86m.

The improved result is attributable to “strong trading performances” from all its New Zealand businesses and strong growth in turnover in its international high rollers business, which topped $7b in the first half period.

SkyCity expects first-half profit to rise 30%

SkyCity Entertainment Group’s shares are on the rise after it predicted first-half profit to rise as much as 30%.

New Zealand’s only listed casino operator SkyCity said it expected a net profit of $69m to $71m for the half year to December 31, compared to $54.6m for the same prior period. Earnings before interest, tax, depreciation and amortization (EBITDA) will also increase to $170m–$173m, from $140.9m.

The normalized profit is expected to rise by as much as 29% over the same period a year ago, in a range of $83m to $86m.

The improved result is attributable to “strong trading performances” from all its New Zealand businesses and strong growth in turnover in its international high rollers business, which topped $7b in the first half period.

Texas Gov. Greg Abbott flew to Israel on Vegas billionaire's plane

The airplane Gov. Greg Abbott boarded for his flight to Israel belongs to Sheldon Adelson , a billionaire who runs the Las Vegas Sands and has spent heavily on Republican candidates nationally. Abbott’s office confirmed that the governor flew on Adelson’s Las Vegas Sands 737 after it was initially reported Monday by the Jewish Insider .

Missouri casino operators to seek tweaks to credit rules

An 18-month-old Missouri law that allows casinos to issue credit to well-heeled patrons is working as intended, casino operators say, but a few tweaks could make it even more useful. Under provisions that went into effect in July 2014, seven of the state’s 13 casinos now offer lines of credit to customers who qualify to borrow at least $10,000 and have the ability to pay it back within 30 days.

Aussie gambler can’t convince court that aunt’s brothel was source of his cash

A high-rolling gambler is out over half a million dollars after failing to convince Australian authorities that a family-run brothel was the source of his wealth.

On Monday, a New South Wales court sentenced Singapore national San Wei Koh to six months in prison for dealing with property suspected of being the proceeds of criminal activity. Koh will likely be deported once his sentence has been served.

According to the Newcastle Herald, Koh arrived in Australia in April 2015, at which time he declared to customs agents that he wasn’t carrying more than $10k in Australian money. But one week after his arrival, he deposited $300k into a safety deposit box Sydney’s The Star casino. The day after that, he deposited another $700k.

Koh proceeded to gamble a little and made some significant withdrawals before The Star staff alerted police to Koh’s sketchy behavior. Police found $600k remaining in Koh’s safety deposit box and took him in for questioning.

Aussie gambler can’t convince court that aunt’s brothel was source of his cash

A high-rolling gambler is out over half a million dollars after failing to convince Australian authorities that a family-run brothel was the source of his wealth.

On Monday, a New South Wales court sentenced Singapore national San Wei Koh to six months in prison for dealing with property suspected of being the proceeds of criminal activity. Koh will likely be deported once his sentence has been served.

According to the Newcastle Herald, Koh arrived in Australia in April 2015, at which time he declared to customs agents that he wasn’t carrying more than $10k in Australian money. But one week after his arrival, he deposited $300k into a safety deposit box Sydney’s The Star casino. The day after that, he deposited another $700k.

Koh proceeded to gamble a little and made some significant withdrawals before The Star staff alerted police to Koh’s sketchy behavior. Police found $600k remaining in Koh’s safety deposit box and took him in for questioning.