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WWTS FOUNDER FORFEITS ALMOST $7 MILLION
Thursday January 17, 2013 : WWTS FOUNDER FORFEITS ALMOST $7 MILLION
Sports betting industry Bill Scott also handed 3 years’ probation on Wire Act and money laundering charges
Bill Scott, a veteran industry businessman and founder of the offshore sports betting firm World Wide Tele Sports paid dearly for contraventions of the US Wire Act and money laundering regulations when he was sentenced on January 7 after living in exile for fifteen years in the Caribbean.
Scott surrendered himself to US authorities last September after being indicted for Wire Act and money laundering offences, and has since been convicted and sentenced to 3 years’ probation and the forfeiture of $6,786,935 retrieved from proceeds traced to the Royal Bank of Scotland International (Guernsey).
His company was based in Antigua and ultimately merged with Betcorp, an Australian group, before being bought by the Bodog group.
Details of the case can viewed here: http://www.fbi.gov/newyork/press-releases/2012/department-of-justice-forfeits-nearly-7-million-in-proceeds-of-unlawful-offshore-gambling-and-money-laundering-following-guilty-plea-by-william-paul-scott
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.
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 Microgaming’s 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 Sunday’s 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 –115.
Fair Play Bets and QuickFire in Deal -
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