Gambling News

  • 29 July 2006

    HEARINGS SCHEDULED FOR MONDAY IN BETONSPORTS CASE

    BUSINESS WEEK July 28, 2006, 3:58PM By DAN CATERINICCHIA AP Business Writer © 2006 The Associated Press WASHINGTON — Attorneys at the Justice Department headquarters here have been involved from the outset of an investigation by the US Attorney’s office in St. Louis of BetOnSports PLC that so far has resulted in a court-ordered suspension of its operations and the arrest of the British online gambling company’s chief executive.

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  • 29 July 2006

    THERE'S BIG BUCKS IN WEB GAMBLING

    ABC NEWS By MICHAEL P. REGAN AP Associated Press July 28, 2006 — Question: Can I get in trouble for gambling on the Internet? Answer: Despite the recent high-profile indictments of the founder and CEO of Internet gambling company BetOnSports PLC, it does not appear that online gamblers in most U.S. states have any reason to fear prosecution — at least not by the federal government.

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  • 29 July 2006

    Outlook dims in US Senate for online gambling bill

    REUTERS By Peter Kaplan and Thomas Ferraro WASHINGTON, July 26 (Reuters) – Prospects have dimmed for swift U.S. Senate passage of a bill to outlaw most forms of Internet gambling as industry trade groups and lawmakers raise objections, congressional sources said on Wednesday. Efforts to move a House-passed measure through the Senate have run into opposition from lobbyists representing casino owners and horse- and dog-racing interests in recent days.

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  • 27 July 2006

    RUMOR MILL REPORT

    At least four different sources report that HR4411in all probability will not come up in the Senate before they break on August 4th. It was originally reported by Rueters that it would not, then they reported that it had been made a priority and probably would come up before the break, then they reported that it probably would not. Other sources report it won’t. So far, the nay’s have it.It has been rumored that BetonSports is working to be back in business by the end of next week.

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  • 26 July 2006

    Bet-On-Sports Fires CEO But Mystery Surrounds Former Founder Gary Kaplan

    The INQUIRER By Tony Dennis: Wednesday 26 July 2006, 10:23 LEADING UK online betting site, Betonsports has fired its CEO. Mainly because he is under arrest in Fort Worth,Texas. Amongst the charges against David Carruthers are racketeering and charges of illegally taking online sports bets. The company is insistent that besides Carruthers and founder, Gary Kaplan, none of the other directors are named in the charges.

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  • 25 July 2006

    BETONSPORTS SACKS ARRESTED CEO

    Guardian Unlimited Tuesday July 25, 2006 Mark Tran The online gambling company BetonSports today sacked its chief executive after his arrest in the US on fraud charges. David Carruthers was arrested last week at Dallas-Fort Worth international airport, Texas, while on his way from the UK to Costa Rica, where BetonSports is based.

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  • 24 July 2006

    A HYPOCRITICAL INTERNET GAMBLING BAN

    THE HAMILTON SPECTATOR Protecting American family values — or the offline industry? Gambling is one of the great successes of online commerce. Americans bet nearly $6 billion online last year, roughly half the global total The Economist (Jul 22, 2006) As someone paid to have a keen appreciation of risk, David Carruthers must regret his choice of travel agent.

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  • 24 July 2006

    CLASS ACTION LAW FIRM SAYS ARREST OF GAMBLING EXECUTIVE RAISES QUESTIONS OF US MOTIVES

    DALLAS, July 20 /PRNewswire/ — The surprise airport arrest of a prominent UK internet gambling executive this week is a counter-productive application of US law that ignores complex international trade issues, says Larry Gaydos, partner in the White Collar Defense/Antitrust Practice Group at Haynes and Boone, LLP.

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  • 24 July 2006

    DAVID CARRUTHERS BAIL HEARING POSTPONED

    Telegraph.co.uk By David Litterick in Fort Worth and Harry Wallop (Filed: 22/07/2006) David Carruthers faces the prospect of a four-day bus trip in sweltering temperatures across the southern United States after waiving his right to a bail hearing in Fort Worth. After being arrested at Dallas airport on Sunday, the chief executive of BetonSports will now be transported by marshals from the federal jail in Forth Worth to a holding centre in Oklahoma City.

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  • 21 July 2006

    UPDATE: FRIST HOPES FOR WEB GAMBLING VOTE BEFORE SENATE BREAK

    REUTERS Small Business News Thu Jul 20, 2006 2:49pm WASHINGTON, July 20 (Reuters) – A bill to ban Internet gambling faces opposition in the U.S. Senate, but backers still hope to win passage of it within a few weeks, a top aide to U.S. Senate Majority Leader Bill Frist said on Thursday. “We are trying to get something done before the August recess,” set to begin on Aug. 4, said Eric Ueland, Frist’s chief of staff.

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  • 21 July 2006

    W.T.O. PANEL WILL INVESTIGATE U.S. LIMITS ON ONLINE GAMBLING

    The New York Times By THE ASSOCIATED PRESS Published: July 20, 2006 GENEVA, July 19 (AP) — The World Trade Organization set up a panel on Wednesday to investigate whether United States restrictions on Internet gambling comply with international trade rules. The Caribbean country of Antigua and Barbuda asked the W.T.O.

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  • 21 July 2006

    BOLCEREK = "ONLINE GAMBLING COULD ROLL IN BIG PAYOFF"

    USA TODAY OPINION Michael Bolcerek President, Poker Players Alliance As USA TODAY properly noted in its editorial on Internet gambling, prohibitions don’t work (“How to counter online bets,” Editorial, Monday). Legislation passed by the U.S. House of Representatives that seeks to ban online poker and other forms of Internet gambling, while making exceptions for horse racing and online lotteries, will not effectively deter youth gambling or prevent compulsive gambling.

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  • 21 July 2006

    BRITISH CITIZENS ANGRY OVER MISUSE OF TREATY

    British citizens are angered by the US and it’s apparent targeting of British citizens and businss executives. The use of (or mis-use) a treaty originally intended to aid in the prosecution of terrorists is the tool being used to persue and prosecute british citizens in the sports betting arena. In fact, reports indicate that this treaty has been used for extradition over 20 times by the US and only one of those was terrorist related.

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  • 21 July 2006

    BETONSPORTS TO RETURN ACCOUNT FUNDS TO US CUSTOMERS

    There has been some discussion on whether accounting details for BetonSports will be handed over to the US DOJ and just who will be doing the refunding of accounts. All things considered, customers of BetonSports shouldn’t have any worries along those lines since records were not requested. The request is for BetonSports to refund money to their clients, not to hand over the records and the US refund from BoS funds.

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  • 19 July 2006

    Calvin Ayre Cancels Bodog Conference

    Email from Calvin Ayre:The Bodog.com Marketing Conference presents a wonderful opportunity for good discussion about marketing, customer service and about the growth of our industry; however, in the last few days, many of you who planned to attend the conference have expressed a high level of concern over the uncertainty surrounding the U.S. government’s recent actions against one of the companies in our industry. It is in light of these concerns that we have decided to postpone the Bodog.

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  • 19 July 2006

    An American Hypocrisy? Bet on It.

    internetnews.com By Roy Mark July 19, 2006 A week ago, David Carruthers, the urbane, 49-year-old British CEO of BetonSports PLC, was campaigning to legalize, regulate and tax Internet gambling in the United States. Today, he is sitting in a Fort Worth jail cell. As CEO of BetonSports, Carruthers oversees an online gambling empire with licensed operations in Europe and the Caribbean basin. The company has offices/online casinos in London, Costa Rica, Antigua, Guatemala, Mexico and Malaysia.

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  • 19 July 2006

    Mad Hatter And Golden Reef Casino Gives Player A Reason To Be Madly Happy... $205,625 Reasons!!

    Wow! Michael A won an amazing $205,625 at Golden Reef Casino playing Mad Hatter!! Mad Hatter is one of the new Microgaming game releases last month and has quickly become a favorite with slots players everywhere! Congratulations Michael A!

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  • 19 July 2006

    U.S. CRACKING DOWN ON OFFSHORE BETTING INDUSTRY

    USA TODAY Updated 7/19/2006 1:51 AM ET By Michael McCarthy, USA TODAY When the U.S. House of Representatives overwhelmingly passed a bill cracking down on Internet gambling last week, David Carruthers, CEO of online gaming company Bet On Sports, was one of the most outspoken critics of the proposed law. The 49-year-old British executive has more immediate problems to worry about.

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  • 19 July 2006

    CANADIAN ONLINE GAMBLING SECTOR TUMBLES AFTER US CRACKDOWN

    TORONTO (CP) – Shares in Canadian online gambling companies fell Tuesday amid fears that a U.S. crackdown on Internet gaming may spread and affect revenue from firms doing business south of the border. Shares in software firm CryptoLogic Inc. (TSX:CRY) tumbled $2.69, or 10.8 per cent, to close at $22.19 on the Toronto Stock Exchange, while Fun Technologies Inc. (TSX:FUN), an online gambling firm, was down five cents at $5.35. Shares in Las Vegas From Home.

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  • 18 July 2006

    FEDERAL INTERNET GAMBLING LAW MAY CRIMP N.D. LAWMAKERS PLANS

    Posted on Sun, Jul. 16, 2006 Grand Forks Herald (GrandForksHerald.com) DALE WETZEL Associated Press BISMARCK, N.D. – New federal legislation may derail Fargo state Rep. Jim Kasper’s plans to revive a proposal to make North Dakota the first state to license Internet poker sites. The measure, which the U.S. House overwhelmingly approved last week, would ban Internet gambling sites, including online poker rooms, from taking money from customers in the United States.

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  • 18 July 2006

    HOUSE GAMBLING LEGISLATION IS A BUST

    Inside BAY AREA The ARGUS 07/17/2006 06:57:19 AM PDT THE House passed a prohibition on Internet wagering Tuesday that would theoretically prevent gamblers from using credit cards to bet online and could block access to gambling Web sites. Proponents say gambling can be addictive, and then exposed a lack a consistency in their argument by voting for the bill, which carves out exceptions for state lotteries and horse racing.

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  • 18 July 2006

    IS THIS THE START OF A CRUSADE AGAINST INTERNET GAMBLING?

    “The people who are pushing this ban in Congress … try to argue these sites prey on children, which is totally ridiculous,” “If your kid has access to your checking account or credit card and is making transfers to off-shore accounts across the world, Internet gambling is the least of your worries.

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  • 18 July 2006

    US GAMBLING BILL IN SPOTLIGHT AFTER INDUSTRY ARRESTS

    Reuters Tue Jul 18, 2006 5:11pm ET16 By Julie Vorman WASHINGTON, July 18 (Reuters) – The indictment of BETonSPORTS Plc (BSS.L: Quote, Profile, Research) executives for racketeering should add momentum to U.S. legislation that aims to ban broader types of Internet gambling, two Republican backers said on Tuesday. The U.S.

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  • 18 July 2006

    PLAYING POKER WITH THE US SENATE

    MSNBC Financial Times by Roger Blitz Updated: 12:12 a.m. ET July 18, 2006 David Carruthers, the internet gambling executive detained by US authorities, had discussed with his chairman the prospect of such an occurrence if he visited the US.

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  • 17 July 2006

    NO BAIL UNTIL AT LEAST FRIDAY FOR DAVID CARRUTHERS

    David Carruthers was charged with conspiracy in offering bets on college and professional sports to U.S. residents and that BetonSports took wagers via internet and lelephone line. He’s being held without bail at this time. Federal prosecutors requested that no bail be set until David is sent to Missouri to face charges. The judge allowed David be held without bail at least until Friday, when the detention hearing is scheduled.

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  • 17 July 2006

    CARRUTHERS, 10 OTHERS PLUS 4 CORPORATIONS INDICTED ON RACKETEERING, CONSPIRACY AND FRAUD CHARGES

    Department of Justice MONDAY, JULY 17, 2006 Eleven Individuals and Four Corporations Indicted on Racketeering, Conspiracy and Fraud Charges WASHINGTON – A federal grand jury in the Eastern District of Missouri has returned a 22-count indictment charging 11 individuals and four corporations on various charges of racketeering, conspiracy and fraud, the Department of Justice announced today. The indictment was returned on June 1, 2006, and unsealed today.

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  • 17 July 2006

    INTERNET GAMBLING BAN A BAD BET

    Cincinnati.Com The Enquirer Editorials The U.S. House feels Americans need to be saved from a $12 billion-a-year growth industry – Internet gambling. By a lopsided 317-93 vote, members passed the Unlawful Internet Gambling Enforcement Act on Tuesday, but exempted state-run lotteries and online horse-race betting. Were the Senate to go along with it, the bill would make online sports betting, poker and other popular Internet casino games illegal.

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  • 17 July 2006

    CARRUTHERS TO APPEAR IN FEDERAL COURT MONDAY 3:00 PM EST

    David Carruthers is scheduled to appear in Federal Court today at 3:00 pm est. It’s been reported that he will be charged under federal racketeering statutes (RICO). David was apprehended yesterday while traveling through Miami on his way home to Costa Rica. Bail may be denied in this case.

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  • 17 July 2006

    CARRUTHERS DETENTION NOT BECAUSE OF PROPOSED INTERNET GAMBLING BAN

    David Carruthers was detained in Miami yesterday and held in an undisclosed location awaiting court today, Monday, July 17th. It has been reported that Carruthers’ detention is no likely to be related to the online gambling ban approved by the House last week, but is related to the federal investigation of the former owner of BETONSPORTS, Gary Kaplan. Federal investigators believe Carruthers has information that could lead to an indictment of Kaplan.

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  • 17 July 2006

    BETONSPORTS CEO DAVID CARRUTHERS DETAINED IN THE U.S.

    News released earlier today reported BetonSports CEO David Carruthers was detained by US federal authorities while he was in the US changing flights on his trip from the UK to Costa Rica. No statement has been released regarding the reason for the detention; in fact very little at all is known about the reasons behind the actions by the U.S. The company BetonSports has not made an official statement, just saying an announcement will be made when appropriate.

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