Don't let the fear of striking out hold you back. —Babe Ruth |
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13th October 2017 | SHARE THIS | ||||
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The Story | |||||
Alexander Vinnick may soon head home after a Greek court approved the request to extradite him to Russia. |
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How did that happen? |
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The Council of Judges in Thessaloniki has upheld the request to extradite Vinnik to Russia. Vinnick, who stands accused for allegedly laundering more than $4 billion through the BTC-e digital currency exchange he operated, will only have to shell out US$11,500 for fraud charges once he returns to his home country. |
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That fine is just a drop in the bucket! |
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The fine is a pittance compared to the $12 million in fines that the U.S. wanted Vinnick to pay. BTC-e has also been slapped with a $110 million bill for failing to meet anti-money laundering requirements in the U.S. |
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But isn’t it that he was supposed to go to the U.S.? |
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You recalled that one accurately. The latest court decision was a result of the appeal of the Russian government of the earlier decision ordering Vinnick to be sent to the U.S. to face charges. The Russian Foreign Ministry called the Greek court’s decision then as a violation of the international law. |
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Vinnick’s ticket to Moscow might have to wait. |
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It is because Vinnick’s fate still on the hands of the Greek justice minister who decides where to send people accused of crimes in times of competing requests. |
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Takeaway |
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Russia shouldn’t be cocky on its win to get its citizen back to its country and give Vinnick a gentle tap instead of a slap as the decision is still subject to appeal. |
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The Industry Eye - Season 3, Episode 1 |
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In this episode of The Industry Eye, Ed Pownall is back and will be delving into DFS in Ireland, more merger talk, the UK bookies play with fire & there's unicorn on the menu. |
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Kenya gets strict on slot machine investors | |||||
The Kenyan government plans to tweak its gambling law to give county governments the ability to thumb down the issuance of a license to a gambling company. |
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High rollers are finally coming back to Crown, Star | |||||
A significant number of high rollers are returning to Crown Resorts Ltd. and Star Entertainment Group to gamble. |
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Maryland to resurrect sports betting initiative in 2018 | |||||
Supporters of the legalization of sports betting in Maryland are bracing for another campaign come 2018. |
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With 3,933 rooms, the Bellagio hotel has more rooms than the number of residents in the town of Bellagio, Italy. |
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An effective way to inform new employees about the workplace culture is to send out internal newsletters that share the company’s values. |
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Pariplay partners with Breakout Gaming Group to launch Breakout Casino |
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Pariplay Ltd., will power Breakout Casino, the new online casino operated by Breakout Gaming Group, through its SMTM back-end platform. |
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A big hello to PokerStar Team Online Pro member Jaime Staples who graced the latest Lee Davy’s Poker Routines column. For Staple’s fans, you can check the full interview here. |
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Want to be a guest contributor? Email [email protected] |
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