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Mike Colbert Pleads Guilty to One Count

Thursday October 3,2013 : COLBERT MYSTERY EXPLAINED
Former Cantor Gaming exec pleaded guilty to one count of accepting illegal wagers.
The mystery around the dropped charges against former Cantor Gaming exec Mike Colbert has been explained; accused of activities associated with Pinnacle Sports, he apparently entered a guilty plea on a single felony conspiracy in September, and will be sentenced early in December.
Speculation ran wild earlier this week when word went out that charges of corruption, money laundering and criminal conspiracy against the executive, who was subsequently let go by Cantor, had been dropped. The fact that court documents were sealed only served to increase interest in the outcome.
The Las Vegas Review-Journal reported that Colbert was among 25 people named in an investigation carried out by New York enforcement agencies which resulted in a number of charges against Colbert, most of which were subsequently dismissed.
The charge to which Colbert pleaded guilty involved the use of runners placing bets with Vegas sportsbooks on behalf of New York based punters - an illegal practice known as "messenger betting".
It is understood that investigations at federal level are still on-going, and there have been reports that Colbert is collaborating with investigators. The Wall Street Journal reports that federal investigations, along with a separate enquiry being conducted by the Nevada regulators, may include an examination of the activities of more senior executives at Cantor.

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PokerLion Joins Microgaming Poker Network - PokerLion roars into life on the MPNís Indian Poker Network. Microgaming welcomes PokerLion to the MPNís growing Indian Poker Network.

Danske Spil Bingo Moves to Microgaming - The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.

Quickfire live on Strendus - Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.

$2 Million Added to partypoker Guarantees - Almost $2 Million Added to Guarantees During First Ever Super Sunday

Quickfire content live on BetatHome - Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.

Microgaming has donated £30,000 between four charities - Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.

Entertainment Betting Odds: 90th Academy Awards - The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.

New era of poker in Baltics with The Kings of Tallinn - The Main Event at the festival has already attracted big names like Juha Helppi and Kimmo Kurko. These two are Finlandís all-time poker tournament winners.

Fair Play Bets and QuickFire in Deal - Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.

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