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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.



Gambling News :

Alegriabet Finally Launches - Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports

International Table Tennis Federation in deal with Sportradar. - The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

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