Are you looking for gambling gossip? We’ve got some outrageous news, including murder over a dice game and operator bankruptcy in Curacao! (Image courtesy of icetrayimages794410 on Vecteezy)
Every so often, we like to throw in a curve ball.
Something different from the excitement of real money promotions or the boring licensing news.
Let’s face it: we’ve heard enough about gambling black markets and new licensing laws!
In this latest news piece, the Casinoplusbonus back-office research team put together a few interesting legal stories circulating on the gambling news grapevine.
Whether this kind of news will make an exciting read for you, well, I’ll let you decide. So that I am not wasting your time, I’ll start by giving away a few spoilers.
There’s bankruptcy, the apprehension of an illegal gambling kingpin, and murder over a game of dice!
The Spoilers
First, the word murder is always a buzzword when it comes to gambling news, and although I don’t want to glorify the topic, in this fiasco, two people were murdered when a dice game went sour.
I also have news coming out of Curacao, where an operator was declared bankrupt by the courts on 18 October.
Finally, over in Dubai, an illegal gambling kingpin has run out of luck as his alleged gambling money laundering racket has resulted in him being behind bars, and facing extradition to India.
If all this sounds like your cup of tea when it comes to casino gossip, then read on!
Murder Over Playing Dice
In Michigan, USA, a man allegedly lost $80.00 playing dice. He is then suspected of having murdered the lucky, but in the end, not-so-lucky winners. He is said to have shot both his victims, one who passed away at the scene of the crime and the second in hospital as doctors could not resuscitate him.
This story keeps on getting more bizarre, as if killing for $80.00 seems like a harsh way to deal with a gambling loss; the shooter is said to have used a potato on the end of his gun as a makeshift silencer. Yet, the sound of the gunshot was heard by those nearby who called the police to report the incident.
The suspect fled the scene but was later identified by CCTV footage. Forensics from the scene of the dice game will likely make up the rest of the evidence.
Oakland County Sheriff Michael Bouchard said that his detectives apprehended the suspect within 12 hours of the shooter, while also stating his disbelief that that someone could use such violent conduct over such a trivial matter.
Curacao Courts Declare Operator Cyberluck Bankrupt
Curacao has recently upped the ante with its new Gambling Control Board licensing. Although not all online gambling operators have switched to the new framework, the country is cracking down on operators in severe financial difficulty.
One of those operators, Cyberluck has accumulated debts of what some reports predict to be in excess of $1 million. The company can issue online gambling licensing sub-license certificates to other operators via its Master licensing agreement.
In the past, some companies were able to get around such a fiasco, but a new organization called SBGOK has been working with authorities to clamp down on gambling sites not paying winnings to players. In one instance Cyberluck had withheld over $70,000 from one winner, a debt owed by a sub-licensee called GLD Group BV.
Thanks to the efforts of SBGOK, the courts following the letter of the law, and new financial rules in Curacao, the operator can no longer scam more players out of their winnings.
Jack Bannon published a similar story about Dama N.V.’s bankruptcy recently. However, despite the courts declaring the Curacao company bankrupt, the situation was quickly resolved, and all appeared to be a misunderstanding, but it makes for a good read!
Gambling Kingpin Behind Bars in Dubai
A gambling kingpin and alleged money launder connoisseur is now behind bars in perhaps one of the worst countries to be in prison. Sourabh Chandrakar has long been targeting India with, wait for it, a multimillion-dollar black market operation. OK, so in the intro, I said no boring black market gambling news, but the buzzword ‘gambling kingpin’ was too much to resist.
The ‘Kingpin’ is allegedly behind a sports betting site in India called Mahadev Online Book. He was finally tracked down by India’s India’s Enforcement Directorate (ED), which was recently also involved in a crypto scam in collaboration with Binance.
Government authorities in India have been targeting the Mahadev Online Book for quite some time, with raids carried out across the country last year. It has taken up until October 2024 to apprehend Mr Chandrakar by tracking him via his money set up through an elaborate network of stocks, bank accounts, and other financial resources.
He also drew attention to himself after inviting several Bollywood stars to the UAE, who were able to help authorities track payments made to them by Chandrakar. Now, the next move for India is extradition.
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