Australian Gambling -One of Australia’s biggest professional punters was gunned down in a Sydney street on Sunday, the apparent victim of an underworld assassination.

Peter Tan Hoang, 36, well-known for gambling in excess of $90 million in Australian casinos, was shot dead at Croydon Park in Sydney, pronounced dead after paramedics at the scene could not revive him.

Hoang, who also went by the name Peter Minh Nguyen, was due to stand trial in Melbourne next year. He was arrested at Crown Casino in 2012 for carrying $1.5 million in cash – alleged to be the proceeds of crime.

Ashfield Detective Inspector Nick Read said that the police were looking for friends and family to come forward and assist in the investigation.

“We are looking into his lifestyle but he was a known gambler who appeared to be living the high life,” Inspector Read said.

“At the moment we have not been able to find any next of kin and we would like anyone who knows him or may have seen something on Sunday morning to come forward.

“Police are keen to talk to the driver of a small silver hatchback with a rear spoiler seen near the corner of Geroges River Road and Dunmore street at the time of the murder.”