Online Casino Transfer: News - Gambling Rings Abound, and are Disbanded

08/01/2010		Online Casino Style: News Gambling Rings Abound, and are Disbanded
Home History Games News Dictionary		Yet another gambling ring has been busted this week as police out of Japan confirm to online gambling news inquiries that a scheme relying on cell phones and mobile gaming options has been shut down. According to the police report, the ring that has since been disbanded was a more successful representation of illegal online gambling, having made a minimum of 130 million yen in revenues since its inception, all of which was generated though cell phone bets. The action was planned as only the beginning of a long series of crackdowns against online gambling in Japan, said a spokesman for the active authorities on the case, to the local news source the Yomiuiri Shimbun. The Toyko Metro Police Department also confirmed the arrests of three individuals during the raid, arrested for their participation in a scheme that used a game similar to rock-paper-scissors to place real money bets online through their mobile phones. Tomoyuki Miyamoto, aged 30, was identified as the ringleaders and backer of the operation. Miyamoto has been the president for Seeds Style Co, an internet company based out of the Shinagawa Ward of Toyko City. He claims that he did not know that the paper-rock-scissors betting game would be considered illegal by police, as he consulted with a lawyer before launching the project. In Japan, the game is more commonly referred to by its local name, janken, though the premise is the same. Having supposedly gotten clearance from his legal team, Miyamoto and his two partners went forth, introducing the new betting game as a mini-addition to Softbank Mobile’s more known gambling sites, launched between October of 2009 and May of 2010. In that period, more than 27,000 people uised the service, betting more than 130 million in yen. The site operated by having bettors buy betting tickets, costing 315 yen each game. If they won three times in a row, a prize of 1,000 yen was given; if they managed to hold out, winning for five hands, 10,000 yen was won. Winnings were moved directly to players bank accounts. By the police’s estimate, of the 130 in revenue generated, approximately 1.43 million was paid back to customers in winnings.

08/01/2010

Online Casino Style: News
Gambling Rings Abound, and are Disbanded

Yet another gambling ring has been busted this week as police out of Japan confirm to online gambling news inquiries that a scheme relying on cell phones and mobile gaming options has been shut down. According to the police report, the ring that has since been disbanded was a more successful representation of illegal online gambling, having made a minimum of 130 million yen in revenues since its inception, all of which was generated though cell phone bets.

The action was planned as only the beginning of a long series of crackdowns against online gambling in Japan, said a spokesman for the active authorities on the case, to the local news source the Yomiuiri Shimbun. The Toyko Metro Police Department also confirmed the arrests of three individuals during the raid, arrested for their participation in a scheme that used a game similar to rock-paper-scissors to place real money bets online through their mobile phones.

Tomoyuki Miyamoto, aged 30, was identified as the ringleaders and backer of the operation. Miyamoto has been the president for Seeds Style Co, an internet company based out of the Shinagawa Ward of Toyko City. He claims that he did not know that the paper-rock-scissors betting game would be considered illegal by police, as he consulted with a lawyer before launching the project.

In Japan, the game is more commonly referred to by its local name, janken, though the premise is the same. Having supposedly gotten clearance from his legal team, Miyamoto and his two partners went forth, introducing the new betting game as a mini-addition to Softbank Mobile’s more known gambling sites, launched between October of 2009 and May of 2010. In that period, more than 27,000 people uised the service, betting more than 130 million in yen.

The site operated by having bettors buy betting tickets, costing 315 yen each game. If they won three times in a row, a prize of 1,000 yen was given; if they managed to hold out, winning for five hands, 10,000 yen was won. Winnings were moved directly to players bank accounts. By the police’s estimate, of the 130 in revenue generated, approximately 1.43 million was paid back to customers in winnings.