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.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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