Wednesday, 16 July 2014
Paul Phua, one of the high rolling regulars to play in the richest poker games in the world, was arrested over the weekend for allegedly running an illegal betting ring in the Las Vegas.
According to a report in the Las Vegas Review Journal, Phua, who also plays online as 'MalACEsia', was arrested inside Caesars Palace by FBI agents along with his son, Darren Wai Kit Phua. Also implicated in the illegal betting ring were six other Chinese and Malaysian nationals. The FBI said that that Phua had links to the 14K Triad gang and that the betting ring - which had been accepting high stakes wagers on the World Cup - was helping to fund the organisation. As well as uncovering Phua's alleged gambling operation in Vegas, FBI agents also outlined a similar incident which took place in Macau in June worth $100 million+. Phua's bail was set at $2 million and his $48 million private jet was seized by the US authorities. If convicted, the accused face up to two years in prison on the unlawful transmission count and up to five years in prison on the illegal gambling business count, as well as fines on each count of up to $250,000. For more on the operation, check out the FBI statement.
Christmas is just around the corner and Juicy Stakes and Intertops Poker are getting into the holiday spirit by offering online poker players the chance to double one re-load deposit up to $100.
Juicy Stakes has announced the launch of a series of daily freeroll online poker tournaments that will award players with spots into special weekly games featuring prize pools of up to $300.
Four online poker players that won prize packages into the $2,400 main event of the PPC Aruba World Championship 2016 courtesy of Intertops Poker and Juicy Stakes are on their way to the Caribbean this weekend and will be joined by vlogger ‘TheTrooper97’.
Americas Cardroom has released its fifth and final sponsored video chronicling the action from the Punta Cana Poker Classic 2016, which ended on Sunday with Latvian player Eduards Kudrjavcevs taking the main event title and its $143,675 first-place prize.
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Americas Cardroom releases final video.
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Just keep smiling...
By Adam Slutsky
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Dara O'K on bounty tournaments.
Rob Yong calls for competition.
A critical eye on the poker world.
Nick Wealthall on unconscious decision making.
Structure changes don't suit recreationals.
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