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South Korean police probe illegal casino with alleged links to Macau

Newsdesk by Newsdesk
Thu 25 Aug 2011 at 01:41
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ASIANCORRESPONDENT.COM TRANSLATED FROM YONHAP NEWS

On the 18th August, the Gwangyeok department of the Seoul Metropolitan Police Agency arrested a 40-year-old Ms Jeong on charges of operating a brothel inside an unlicensed casino, and also arrested without detaining 15 other people including a 40-year-old Mr Kim.

According to the police, from December of 2009 through April of last year, the group rented an expensive apartment in Gangnam and set up a casino, allowing bets totalling ten billion won and taking in over one billion won in profit.

Investigators determined that eight of them are members of the gangs Xhinyang Travel and International PJ and brought high-rollers from Macau and elsewhere, lending them money and earning commissions by introducing them to the madam and other wealthy gamblers.

Mr Kim and one other of the group assaulted a 32-year-old Mr Lee at a golf range in Gangnam and set fire to his car over an unpaid debt from Macau of 150 million won.

When debts were not paid, they would hire a notary public and use the courts to place liens on their property as if they were normal debts, and the creditors would receive chips instead of money to repay the debt, police said.

Police further said: “When they received the gambling money in Macau, they apparently used a secret bank account and we are investigating that.”

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Tags: Gangnam COEXillegal casinoSouth Korea
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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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