Untimely Death of One of Australia’s Best Baccarat Players
The gambling world is mourning one of its best and brightest players. High roller Peter Tan Hoang, age 36, was shot dead in a Sydney street while awaiting trial in Melbourne.
Hoang stood accused of possessing the proceeds of a crime, according to court records. Australian police forces suspected Hoang of working with organized crime syndicates in Southeast Asia to launder money using Australian casinos. His untimely death means that the truth of the matter will never fully come to light, but one thing is certain: Peter Tan Hoang was a terrific player.
Hoang was one of Australia’s best baccarat players, having won more than $2.3 million in a single night of playing. An orphan originally from Vietnam, Peter Tan Hoang began gambling in his early twenties, and quickly established a reputation for skill and boldness.
In 2012, his successful gambling career hit a speed bump when he was arrested outside the Crown Casino in Melbourne with $1.5 million on his person and accused of links to organized crime networks. The last two years of his life saw his gambling career slow down as Hoang struggled to meet the mounting legal challenges stacked against him.
At a hearing shortly before Hoang’s slaying, witnesses from the Crown casino, both staff and fellow players, testified to his kindness, generosity and good standing at Melbourne’s top casino. The Australian Federal Police has filed an application to “restrain” the $1.5 million they confiscated from Hoang in 2012. Between 2013-14, the AFP reports confiscating more than $134 million dollars in “criminal assets,” of which Hoang’s winnings form a part. The only question remaining in the minds of Hoang’s fellow players is whether the AFP will pursue his murderers with the same intensity as they have sought to “restrain” his baccarat winnings.