Wednesday March 6, 2013 : ONLINE GAMBLING OPERATOR HAMMERED AGAIN (Update)
Thumbing your nose at the Mounties may not always be a good idea…. Our readers may recall a report earlier this year in which a lavish Super Bowl party hosted in Toronto by online sports book operator PlatinumSB was broken up by a massive raid conducted by the Canadian police and gambling authorities.
The remarkable thing about the report was the speed with which the operator reorganised its activities to cope with the disruption of the raid and a consequent domain seizure, along with the rather cheeky insouciance of the management in keeping the enterprise active.
This week the Mounties had the last laugh, however, mounting another series of Canadian raids on residential and business premises on Tuesday, making further arrests and seizing some Cdn$1.6 million in cash, according to widespread reports in the Canadian news media.
Documents and records were also seized as police gathered evidence to support their contention that the Costa Rica-based enterprise generated over a million dollars a month for its operator.
Thus far, police have found and confiscated over Cdn$ 5.5 million which they believe to be connected with PlatinumSB activities.
The Globe and Mail quoted a police statement revealing that 18 suspects are facing gambling, bail and money-related charges, with arrest warrants issued for a further four individuals. Names have not yet been revealed pending formal charges in court on Wednesday.
Despite the intense Canadian police activity PlatinumSB appears to still be taking wagers, now under its new .tk ( Tokelau, a territory of New Zealand located in the South Pacific) domain.