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PokerPro Sentenced in NY Gambling Ring
Friday January 10,2014 : INTERNET POKER PRO SENTENCED FOR ROLE IN NEW YORK GAMBLING RING
Justin 'Boosted' Smith gets off lightly.
US poker pro Justin 'Boosted' Smith will be relieved to have escaped with a relatively light sentence after pleading guilty to involvement in the sensational New York 'art dealer' gambling ring bust last year.
Although originally charged with three offences, Smith was allowed to plead on just one related to illegal gambling enterprise activity.
In pleading guilty, Smith joined two dozen other defendants who had been arrested in connection with the gambling ring and admitted to wrongdoing in deals with the prosecution.
Despite calls by the prosecution for a heavier punishment, Judge Jesse M. Furman exercised discretion this week, imposing a sentence of two years’ probation, three months of home confinement, a $500,000 fine, and 200 hours of community service.
Smith's role in the now dismantled gambling ring was relatively minor; court documents reveal that he was used to create a number of online accounts at websites like HMS Sports and Pinnacle Sports for the ringleaders of the organised crime-associated undertaking.
He was accused of moving large sums poker and sports betting money through these accounts.
Prosecutors have claimed that the illegal gambling ring, the operation of which involved more than thirty individuals, laundered tens of millions of dollars in gambling proceeds through its live and online poker and sports betting activities.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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