No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Extension Software Owners Arrested om Promoting Gambling Charges
10/30/2012 : SPORTSBOOK SOFTWARE COMPANY OWNERS TARGETED BY U.S. ENFORCEMENT
The owners of Arizona-based firm Extension Software hauled into a Manhattan court on 'promoting gambling' charge
Creating shockwaves through the online gambling software development industry this week is the case of Extension Software Inc, an Arizona company whose owners have been arrested and charged by officials under orders from the District Attorney for Manhattan, Cyrus R. Vance, Jr.
In a press statement announcing the indictment of Robert Stuart (53), Susanne Stuart (50), Patrick Read (53) and the company itself, Vance claimed the company generated "at least $2.3 million in profits" and is accused of "...promoting and profiting from online gaming software that provides online sports books the infrastructure to run illegal bookmaking operations for a variety of sports, including professional and college football and basketball, as well as baseball, hockey, horse-racing, and soccer."
The defendants are each charged in the indictment with one count of Promoting Gambling in the First Degree.
“These defendants abetted large-scale illegal gambling in the U.S. and abroad,” said District Attorney Vance. “In doing so, they gave bettors an easy way to place illegal wagers, and created an appetite for further unlawful activity.”
It is understood that Extension Software developed and supported an online gaming software platform branded Action Sportsbook International (ASI), which allowed bookmakers to select the sporting events they could offer in allegedly illegal bookmaking operations and manage these from offshore locations such as Costa Rica, the Caribbean, and Canada.
"In order to use ASI, bookmakers paid a quarterly licensing fee to Extension for an access key," the statement reveals. "For continued access, the bookmakers would make payments on the quarterly invoices they received from Extension."
The statement goes on to detail how licensing fees were paid, claiming that "...the overwhelming majority of the approximately $1.1 million cash and $1.2 million in money orders deposited into Extension’s bank accounts are alleged to be direct proceeds of illegal, U.S.-based bookmaking operations, including operations that conducted their activities in California, Connecticut, Florida, Illinois, Kansas, Massachusetts, Nevada, New Jersey, New York State, Oklahoma, Pennsylvania, Tennessee, and Texas."
Investigations into the case are continuing.
Vance claims that Robert Stuart was the developer of the software and supervised upgrades and technical support, whilst his wife Susanne was the company's president and finance officer. Her brother, Patrick Read, allegedly handled customer service relationships and marketing.
Assistant District Attorneys Michael Gates and Carey Ng of the Rackets Bureau are handling the prosecution of the case under the supervision of Assistant District Attorney Daniel D. Brownell, Chief of the Rackets Bureau, and Assistant District Attorney Eric Seidel, Chief of the Organized Crime Unit.
Supervising Rackets Investigator Jeremy Rosenberg, Senior Rackets Investigators Ariela DaSilva, Daniel Frooks, and Joseph Lamendola of the Investigation Bureau assisted in the investigation. Supervising Account Investigator Evelyn Serrano of the Forensic Accounting and Financial Investigations Unit also assisted in the investigation.
ASI software is used by over a dozen companies, including WagerWeb, Heritage Sports and 5Dimes, according to the company's website.
Reporting on the DA's statement, the New York Post claimed that the company made $20 million in licensing fees, but did not identify its source. The newspaper also hinted at "mob" connections with some operators using the software, again quoting its unidentified source.
Prosecutor Michael Gates told Manhattan Supreme Court Justice Bonnie Wittner that the defendants made at least $2.3 million in three years.
The newspaper pointed out that Extension licensed its software only to operators in countries outside the United States, where online gambling is not regarded as illegal.:
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.