NBA Commissioner Adam Silver is one voice that is prominent desires to end gambling prohibition on professional sports, but until the legislation changes prosecutors will stay going after underground activities betting rings.
Sports gambling is illegal in the United States with Nevada being the exception that is lone but that don’t stop four men from owning a billion-dollar sports gambling operation in California and New York.
Brooklyn District Attorney Ken Thompson announced on June 30th that four individuals have been charged in an indictment that is 57-count owning a sports gambling ring online. Thompson says the group’s wire room had been situated in San Jose, Costa Rica.
According to Thompson, the four guys collected $927 million in illegal wagers during last year’s NFL period alone.
‘Illegal gambling is not a crime that is victimless it preys on peoples’ vulnerabilities and directly leads to money laundering, loansharking and a host of other crimes,’ Thompson said. ‘ This huge gambling operation, perhaps the biggest one ever to be dismantled by a regional prosecutor’s office, allegedly moved millions of dollars across the united states of america as well as the world.’
Prosecutors allege that the group operated a series of password-protected web sites that offered lines and wagering opportunities. Gamblers also utilized a toll-free wagering hotline.
The defendants did little (more…)