Panama Papers: Possible Casino Connections

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The Panama Papers are one of the world’s biggest data leaks, no doubt the skeletons within the casino industry are among the 11.5 million leaked files.

PanamaPapers

Reportedly the files were released from the database of the fourth largest offshore law firm, Mossack Fonseca. The records were obtained by an anonymous source of the German newspaper “Süddeutsche Zeitung”, which later shared the documents with the International Consortium of Investigative Journalists (ICIJ). The ICIJ then went on to share them with some of the largest news corporations such as the BBC and Guardian.

Finding connections to the casino industry may have taken some time to be revealed, but they have definitely come about. The latest reports reveal Playtech’s Teddy Sagi owning at least 16 offshore companies, Ray Grehan’s quarter share in a €50 million Dutch Casino, and reported links between the Panama Papers and Family and Associates of recently resigned Amaya CEO and Chairman, David Baazov. According to reports one of the companies was Zhapa Holdings Inc., and one of the shareholders have been revealed as Goulissa Baazov, reportedly the sister of David Baazov.

According to reports one of the companies was Zhapa Holdings Inc., and one of the shareholders have been revealed as Goulissa Baazov, reportedly the sister of David Baazov. In the same company, another shareholder has also been exposed in the papers. Mr Isam Mansour, who was also linked to the stock trading allegations together with David Baazov.

Other Potential Gambling Associations

The web payment prover zhapa.com may have possible associations. Others are the gambling sites that use the DNS server such as the BetonUSA.com. The site is owned by Josh and Graig Levett who are also involved in the David Baazov case. Oddsmaker.ag is also included in the what may seem like a long list of gambling providers that are mentioned on the Panama Papers.

Without fail, this is only the tip of the iceberg for gambling industry leaders. As journalist sieve through more leaked documentation, more industry leaders will be exposed.