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44wager Defendant Silverio Califano Sentenced to 15 Months
Friday February 28,2014 : ANOTHER CONNECTICUT SPORTS BETTING DEFENDANT SENTENCED (Update)
Califano gets 15 months in jail for his role in 44wager.com online sportsbetting ring.
Silverio Califano (53) one of almost 20 defendants charged for involvement in the Costa Rica-based 44wager.com bust was sentenced by U.S. District Judge Vanessa L. Bryant Thursday to 15 months imprisonment after pleading guilty last year.
His period of imprisonment is accompanied by three further years of supervised release, a fine of $4,000 and forfeiture of $40,000.
Prosecutors have claimed that 44wager.com generated revenues of almost $1.7 million from October 2010 to June 2011 alone.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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