Yang Hyun Suk's history of illegal gambling overseas spans 15 years


Article: Yang Hyun Suk caught illegally gambling in Macau as well...police: "gambling activities may be bigger that U.S alone"

Source: Xports News

Police are stating that Yang Hyun Suk's history of illegally gambling overseas spans many years.

According to a report by JTBC on the 9th, the former YG Entertainment executive reportedly lost over 600 million won gambling overseas at the MGM Grand Casino in Macau.

According to reporters, every time he gambled, he would purchase at least 5-10 chips worth 1,500,000 KRW each. That means that in one sitting, he gambled at least 7,500,000 to 15,000,000 KRW (~$7,000 to $13,000).

An informant, a regular visitor at the casino, shared Yang Hyun Suk's "hwanchigi" technique for obtaining funds for gambling. The informant stated that "he [Yang Hyun Suk] would borrow as much as he could from the casino on credit (in dollars) then repay the funds in cash (Korean won) when he returned to Korea."

Police believe that in a span of 15 years, Yang Hyun Suk gambled a substantial amount in Macau and believe this will be helpful in proving charges of habitual illegal gambling.

Police have made requests to the Hong Kong Casino Administration for detailed records of Yang Hyun Suk's gambling at their casinos similar to the request made to the Las Vegas Administration.




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