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Brisbane Man Fined $9M for Illegal Online Poker

Summary

  • A Brisbane man received a $9 million fine for operating an illegal online poker platform.
  • The company handled nearly $7.3 million in transactions during its operation.
  • Another man was fined $240,000 for promoting the platform and referring players.
Brisbane Man Fined $9M for Illegal Online Poker

A Brisbane resident has been ordered to pay a $9 million penalty for his involvement in an illegal online poker operation. Rhys Edward Jones, the sole director and shareholder of Brisbane Poker Pty Ltd, ran the unlawful gambling service from October 8, 2020, to March 10, 2021.

During its operation, the platform handled approximately $7.3 million, resulting in an estimated profit of $4.2 million for Jones. Court documents indicate that profits for Jones may have been higher, as over $1 million was transferred to a cryptocurrency exchange provider.

In a related action, another man faced a $240,000 fine for promoting the illegal platform. His penalties stem from profiting through referral bonuses for attracting new players to the illicit gambling site.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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