Landing International Casino Chairman Detained in Cambodia
Casino operator Landing International’s Chairman, Yang Zhihui, was reported missing on Thursday and it is now known that he has been detained in Cambodia according to a Beijing news source that has ‘verified’ the story.
He was reportedly stopped at the airport following his arrival in Cambodia for a visit to a local casino. Firm representatives were unable to reach him at the Hong Kong Stock exchange early that day.
Yang has been at the helm of Landing International Ltd since 2013 and owns 50.48% of the company. Thursday saw the company stock plummet by 35 percent before trading was halted.
Landing International Ltd has worked very closely with embattled state-owned asset manager, China Huarong, whose previous head is embroiled in what could be considered China’s largest financial sector corruption since 1949.
However, there seems to be no link between the disappearance and the scandal.
Landing International operates in Hong Kong, South Korea, the Philippines and employs 2000 people. The company was also set to build a $1.5 billion casino in the Philippines in August before President Duterte called the deal off and fired the board of Landing International’s local partner.
DraftKings foretell surge in Sports Betting in the US
Sports Betting is becoming increasingly popular as the new NFL season is just 2 weeks away, CEO Jason Robins said in an interview for Yahoo Finance.
It is no surprise that the US sports betting hype is surging in popularity following the mid-May lifting of the ban on wagering on professional & sports leagues by the US Supreme Court. Whilst Sports betting was legal in Nevada and Delaware to a certain degree, prior the SCOTUS ruling, New Jersey and Mississipi have become the first states to legalise that kind of service on their territories.
The DraftKings CEO told Yahoo that he foresees an imminent future, where the company will operate more on Sports betting than fantasy sports as it is doing now. This really depends on how fast the states “roll out” when it comes to the lifting of the ban.
The more states legalise sports betting, the faster this will happen, which he calculates will take between 2-3 years.
Betsson subsidiary receive penalty by Gambling Watchdog
Dutch gambling regulator Kansspelautoriteit has slapped a hefty fine on Betsson’s subsidiary Corona Ltd. for €300,000 (C$453,580 aprox) for targeting Netherlands-based customers.
Betsson acquired Corona Ltd in 2014 for €100 million (C$151 million) in foresight of the re-regulation of the Dutch online gambling market.
News outlet GamingInHolland noted that if the penalty is not cleared on appeal, Corona might not even be eligible to receive a gaming license when the Netherlands regulates its market.
Pre-Release of Peking Luck Slot
Even though the Pecking Luck slot was supposed to be released on the 30th August (2018) it’s available to play exclusively early.
A high-variance slot with 5 reels and 25 paylines, with Peking slot you will also receive the chance to enter the awe-inspiring world of Chinese opera and even take a peek at what happens backstage.
Exclusive on all devices, its visuals boast of rolling seas, magic lanterns, and blossom trees in the background.
Reel symbols include fans, drums, dragons, carnival masks and cymbals. The free spins feature is triggered when you land 3 or more golden gong Scatters and if you’re lucky enough to land 5, there’s a 250 times stake prize.
With more free spins, the Wild symbol can also double payouts up to 36x.
A New Brand Ambassador for ComeOn!
Former Arsenal and England midfielder, Ray Parlour, has joined ComeOn! as a brand ambassador.
Parlour said that he will take part in ComeOn! marketing events and feature in the brand’s advertising campaigns.
What is the reason why he chose ComeOn!? The company shares his great passion for football and he is looking forward to playing an important role in their future events and promoting their brand.
Parlour has made over 300 appearances for Arsenal and has played briefly for Middlesbrough and Hull City. Dubbed the ‘Romford Pele’ he has won 10 caps for his country and according to ComeON! Uk manager, Keith McKay, Parlour will help engage the company’s target audience in the UK.
Founded in Stockholm, ComeOn! is an established casino and sportsbook site with a strong base in the UK Market.
