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Major New York Online SportsBetting Ring Busted
Saturday June 14,2014 : NEW JERSEY ENFORCEMENT SHUTS DOWN ILLEGAL ONLINE SPORTS BETTING RING.
29 arrested in swoop by officials.
A major online sport betting ring with associates in northern New Jersey and New York was shuttered Friday in a swoop by enforcement officials, according to an Associated Press news agency report.
29 individuals have been arrested in the enforcement drive, Bergen County Prosecutor John Molinelli told the news agency.
Molinelli revealed that the gambling ring generated around $3 million in profits over a twelve month period, providing wagering on a variety of sports through websites that included Bet Eagle.com, 119 Green.net, Bet Ritz.com, Play Here 247.com, The Wager Place.com and Costa Rica-based BetCRIS.com.
The interstate investigation began in February this year and culminated in a police drive that included the execution of 42 search warrants in 8 counties across New Jersey and New York, resulting in the seizure of almost a million dollars in cash and the confiscation of two vehicles.
Prosecutors have named an elderly group of principal defendants on illicit gambling, money laundering and racketeering charges that includes Christine Larva (71), James Roberts (62), Gary Latawiec (76), Patrick Caporizzo (65) and Anthony Pintabona (72).
Judge Liliana S. DeAvila-Silebi subsequently set bail amounts ranging between $500,000 and $1 million.
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EvenBet Open Face Chinese Poker -
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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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