World
Live Casinos: How It Works

Technology has always played a huge role in the innovations of a lot of things throughout history. In terms of communications, for example, technology made it possible to bridge the gap between two people living in two separate points of the earth. Way back, people needed to send letters by mail to communicate with others. Now, through the help of technology, it is already possible to talk to anyone from anywhere using an instant messaging application. The same can be said for the world of gambling. Technology made it possible for online casinos to be established from being solely played in a land-based casino. These online casinos allowed players to play all the casino games that they love anywhere they are, and anytime that they want. Now, technology once again brought further innovation to the online casino in the form of the live online casino.
What are live online casinos? Before you go and find the best live online casinos from Betenemy.com, here are the top things you have to understand about how a live online casino works.
It involves real equipment to operate
One of the biggest differences in how an online casino works versus how a live online casino works are the presence of real equipment. In the traditional online casino that most people know, the site barely uses any operation equipment, as every game is computer-generated and computer-controlled. Games run in an automated way, and let players play anytime and anywhere through an algorithm called the random number generator or RNG.
On the other hand, a live online casino uses a full set of equipment. Live online casinos, in case you don’t know yet, feature real games played and dealt with by real people, and all of these are happening in real-time. As such, there are several equipment that would be needed to pull off a live casino game.
Since live streaming is the thing at hand, advanced camera technology is needed. Also, most live casino games use more than one camera to capture multiple angles of the game. For example, a roulette game in a live casino would usually feature at least three different views. One for the full view showing the dealer, the other a close-up view of the wheel, and the last one for panning purposes.
Other equipment that a live casino needs include real wheels, real cards, and a real table. Special console and virtual gaming machines that connect players to the liver dealers are present, too.
Live dealers
For the most part, a live casino is similar to an ordinary online casino, except that games are played live and in real-time. However, another thing that made it unique from a traditional online casino is the live dealer.
Most of the time, a live dealer is an attractive person (it could be either male or female) dressed in elegant clothing that deals with the game for the players. Since these live dealers are technically employees, this is another extra cost in the operation of live casinos.
Live dealers work on the game–they shuffle and deal the cards, throw the ball in the roulette wheel, call the best, and close the table for betting. All of these are done, once again, in real-time through the use of live streaming technology.
Final thoughts
Is a live online casino better than a normal online casino? One could argue that it is, and some would say that it’s not. At the end of the day, it will all come down to personal preference. After all, both give players and enthusiasts the chance to play their favorite casino games anytime and anywhere.
World
TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.
The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.
In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.
“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.
The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.
The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.
According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.
According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.
This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.
After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.
It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.
TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.
According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.
The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.
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