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BetOnSports founder gets 51 months in U.S. prison (Reuters)BetOnSports founder gets 51 months in U.S. prison (Reuters) BetOnSports founder gets 51 months in U.S. prison Posted on - Tue Nov 3, 2009 1:27PM EST Add articles about technology to your My Yahoo! The founder of the defunct British... In this article: BetonSports, Reuters Limited, U.S., Justice Department, St. Louis, All rights reserved, U.S. attorney, London Stock Exchange, and Yahoo |
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www.reuters.com
BETonSPORTS founder pleads not guilty | Reuters
ST. LOUIS (Reuters) - The founder of the London online gambling operation BETonSPORTS Plc pleaded not guilty on Monday to racketeering and other charges. Gary ...
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BetOnSports founder pleads guilty in U.S. court | Reuters
WASHINGTON (Reuters) - The founder of the defunct British online gambling firm BetOnSports pleaded guilty in U.S. court on Friday and agreed to forfeit more than $43 ...
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ca.news.yahoo.com
BetOnSports founder pleads guilty in U.S. court - Yahoo! ...
Canada's leader in breaking news coverage. Get the latest headlines, news ... (Reuters) - The founder of the defunct British online gambling firm BetOnSports ...
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BetOnSports founder gets 51 months in U.S. prison - Yahoo! ...
Canada's leader in breaking news coverage. Get the latest headlines, news stories and current events from ... Online holiday sales seen up 8 percent Reuters ...
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www.nytimes.com
BetOnSports Chief Freed - New York Times
... the former chief executive of the online gambling company BetOnSports, was released on a $1 million bond with strict ... This. Print. Reprints. Save. By REUTERS ...
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www.turkishweekly.net
New Jersey's Corzine: Let all states bet on sports - Reuters
News from World Media > Google News: Top Stories ... bet on sportsReutersNEW YORK, June 5 (Reuters) - New Jersey Governor Jon Corzine ...
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news.cnet.com
BetOnSports faces U.S. charges - CNET News
Chief executive of Net gaming site, other company officials ... Story Copyright © 2008 Reuters Limited. All rights reserved. Add a Comment (Log in or register) ...
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en.epochtimes.com
The Epoch Times | Gaming Shares Tumble as FBI targets BETonSPORTS
... U.S. operations of BETonSPORTS.<p>Gambling executives in ... Gaming Shares Tumble as FBI targets BETonSPORTS. Reuters. Jul 18, 2006 (www.betonsports.com) ...
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www.kvcindia.com
KVC INDIA - Gaming shares tumble as US targets BETonSPORTS ...
KVC INDIA - Gaming shares tumble as US targets BETonSPORTS (Reuters) ... Gaming shares tumble as US targets BETonSPORTS (Reuters) Click Here to read the entire ...
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Description from Wikipedia:
BetonSports plc is a British online gambling company founded by Gary Kaplan in 1995. The company was one of the biggest players in the United States online gaming market, drawing in several billion US dollars in wagers in the early 2000s. In June 2006 US authorities indicted the company and a number of its executives on RICO, mail fraud, and tax evasion charges arising from its supplying online betting to customers in the United States (the alleged crimes took place before the adoption of the Unlawful Internet Gambling Enforcement Act of 2006). No date for trial has been set; several of those indicted remain in US custody or on bond.
In July 2004 the company was floated on the Alternative Investment Market of the London Stock Exchange with the ticker symbol BSS.LN. Although listed in London, the majority of its operations were in several Caribbean locations (principally Aruba, Antigua, and later Costa Rica) and almost all of its customers were within the United States.
In July 2006 the United States District Court for the Eastern District of Missouri issued a sealed indictment of the company and a number of people related to its operations. The indictment was unsealed later that month when CEO David Carruthers was arrested in Dallas while returning to Costa Rica after attending the company's
annual general meeting in London; Carruthers is under house arrest in Missouri awaiting trial - he and his co-accused have entered "not guilty" pleas. Shortly after Carruthers' arrest trading in the company's stock was suspended. At that time BetonSports employed around 2000 workers in Costa Rica. The company later terminated Carruthers and agreed to discontinue its US business.
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