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It Doesn’t Pay to Steal Especially From an Online Casino An underage player from Finland could face prison time for stealing more than $250,000 from an online casino based out of Malta. The underage player’s parents have been charged with money laundering crimes after the investigation concluded with large amounts of the stolen money sitting in the parents’ bank account. There was a technical glitch with the casinos software and the young man from the Finnish municipality of Forrsa took advantage of the glitch, and casinos lack of security measures. He registered with the casino with a false birthdate, making him of age. As soon as the account was set up the young man spotted a big technical bug with cancelling fund transfers. This glitch made it easy for the young man to redirect transactions to one of his online wallets. Although the young mane is a minor he is facing charges of aggravated fraud. He appeared in the Hame District Court this week admitting that he did the crime and was guilty, and that he transferred more than $250,000. Prosecutors in the case said the young man transferred 417 refunds to his online wallet. Prosecutors are asking for a 20-month prison term.
For the original version including any supplementary images or video, visit https://www.casinoplayersreport.com/online-gambling-news/it-doesnt-pay-to-steal-especially-from-an-online-casino/
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Online gaming software , Latest Casino and Gambling News , Taiwan , The Players Lounge , Online Gambling News , Mergers, Acquisitions & Partnerships After entering the market in the Czech Republic last month via a deal with local operator, Tipsport AS, online casino games developer, Yggdrasil Gaming Limited , has now announced that some of its content will soon be available to players in Taiwan . A subsidiary of Swedish online casino giant Cherry AB, Yggdrasil used an official press release to announce that it had inked a deal with social gaming operator, Xiang Shang Games Company Limited, that is to see a selection of its games featured on the Taiwanese firm’s domain at 08online.com. The Malta-headquartered developer declared that the ‘landmark deal’ will encompass ‘several’ of its video slots possibly including the recently-premiered Nitro Circus title being made available to Xiang Shang Games Company Limited for use on 08online.com. Fredrik Elmqvist, Chief Executive Officer for Yggdrasil, stated that the arrangement denotes his firm’s ‘first entry into Taiwan’ before describing Xiang Shang Games Company Limited as ‘the territory’s leading social gaming operator.’ “Xiang Shang Games Company Limited’s 08online.com platform has both a leading reputation and a loyal player base and we are certain our games will prove popular. Taiwan also provides Yggdrasil Gaming Limited with an excellent base from which to observe developments in the broader Asian market.” Deal to ensure ‘a truly world-class gaming offering’: For his part, Stanley Ku, Chief Executive Officer for Xiang Shang Games Company Limited, proclaimed that the agreement will enable his firm to ‘continue to bring the best content from across the globe’ in order to make certain that its Taiwanese clientele ‘experience a truly world-class gaming offering.’ “To be the first operator to bring Yggdrasil Gaming Limited’s fantastic casino slots content to Taiwan is an affirmation of our track record and business development capabilities.
For the original version including any supplementary images or video, visit https://news.worldcasinodirectory.com/yggdrasil-gaming-limited-inks-taiwanese-agreement-58376
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