Bet on Sports is done

Discussion in 'Games of Chance' started by lepke, Jul 21, 2006.

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  1. Thorn

    Thorn

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    7,772
    Sure... August he says.
  2. lepke

    lepke

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    1,149
  3. Ozzy

    Ozzy

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    15,725
    I'll be up in NY in Aug.
  4. Thorn

    Thorn

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    7,772
    But they will make it stick, within the confines of the U.S.

    It won't be enforceable, but they will continue to apply pressure.

    This is SOOOOO not about trying to protect people from gambling from their bedroom laptops and livingroom desktops. It is decidedly about being unable to collect taxes on it.

    If the government could collect taxes from these sites every single charge would disappear.

    F'ing govenment bullshit artists are as bad as any gambling site that doesn't pay off.
  5. lepke

    lepke

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    1,149

    Yeh I was thinking along those lines also. I just don't know how many of these post up customers are going to switch to a more traditional model. The days of the local bookie are just about done. Local law loves to investigate dumbells that still operate in little phone rooms. Would like to meet you sometime Ozzy i also know bender perhaps we could get together for a drink.
  6. lepke

    lepke

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    1,149

    Yeh I was thinking along those lines also. I just don't know how many of these post up customers are going to switch to a more traditional model. The days of the local bookie are just about done. Local law loves to investigate dumbells that still operate in little phone rooms. Would like to meet you sometime Ozzy i also know bender perhaps we could get together for a drink.
  7. akm495

    akm495

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    1,156
    I wonder if it has anyting to do with this.

    House Passes Bill to Restrict Internet Poker
    Legislation Would Forbid Use of Electronic Payments

    By Shailagh Murray and James V. Grimaldi
    Washington Post Staff Writers
    Wednesday, July 12, 2006; A01



    The House easily approved a bill yesterday to curb online poker games, sports betting and other Internet-based wagering that gained infamy as a central focus of a major lobbying scandal.

    The 317-to-93 vote came nearly six years to the day after a similar measure went down to surprise defeat. At the time, unknown to its conservative supporters, the bill was derailed by lobbyist Jack Abramoff and the office of then-House Majority Leader Tom DeLay, on behalf of the disgraced lobbyist's gambling clients.

    "This is the opportunity to expunge a smear on this House done by many lobbyists," Abramoff included, said Rep. Robert W. Goodlatte (R-Va.), one of the legislation's chief sponsors. "Now is the time to set the record straight."

    The bill that was passed yesterday seeks to restrain the booming but difficult-to-regulate Internet gambling business. Proponents of the crackdown said the industry, which is mostly based overseas, provides a front for money laundering, some of it by drug sellers and terrorist groups, while preying on children and gambling addicts. Americans bet an estimated $6 billion per year online, accounting for half the worldwide market, according to analysis by the Congressional Research Service.

    Critics said the bill overreaches and would be difficult to enforce. At its heart are two provisions. One would update the 1961 Wire Act, which bars gambling entities from using wire-based communications for transmitting bets, to include the Internet. The other aims at cutting off the money flow from players to Internet gambling sites by barring the use of electronic payments, such as credit-card transactions.

    The biggest losers could be the estimated 23 million Americans who play poker over the Internet. "This bill would needlessly make outlaws of the millions of adult Americans who enjoy online poker, and is the latest example of how our representatives in Congress are ignoring real issues facing our country," warned the grass-roots Poker Players Alliance, in an alert to its more than 25,000 members.

    The alliance urged Congress to regulate and tax online poker, rather than effectively ban it, as the House bill would. An economic analysis by the group showed that the federal tax revenue could reach $3.3 billion annually, while states could collect $1 billion more. "We hope that this analysis will give a fresh perspective for U.S. senators about the benefits of regulation," said Michael Bolcerek, president of the alliance.

    Some Senate Republicans, in particular Jon Kyl of Arizona, have promoted similar measures and may revive their efforts now that the House has acted. The bill carves out exemptions for horse and dog racing, online lotteries and other games, including fantasy sports leagues, that are legal within state boundaries.

    Abramoff's efforts in 2000 to kill the House bill have been under scrutiny in the federal government's ongoing corruption investigation. In March this year, Tony C. Rudy, a former senior DeLay aide, pleaded guilty to fraud conspiracy. Rudy admitted to helping Abramoff scuttle the bill as part of a series of acts he performed in exchange for a stream of gifts, including luxury trips, golf fees, restaurant meals, entertainment, use of sports arena skyboxes and cash payments to his wife's political consulting firm.

    Among other things, Rudy ******ed Abramoff internal congressional communications and advice helpful to defeating the legislation, The Washington Post reported last year. Months later, Rudy was hired as a lobbyist by Abramoff.

    DeLay, who ranked third in the Republican House leadership at the time, voted against the bill, saying that it had unacceptable loopholes to placate regional lawmakers, such as exemptions for horse racing. Two months before he voted against the bill, DeLay, his wife, two aides and two lobbyists took a lavish $70,000 golf trip to Scotland, paid for by Abramoff clients who opposed the bill. DeLay denies any connection between the trip and the vote.

    An Abramoff ally in the earlier fight, the Rev. Louis P. Sheldon of the Traditional Values Coalition, has appeared on Capitol Hill this year to again oppose the bill. In 2000, gambling opponents such as Sheldon and Ralph Reed, former head of the Christian Coalition, were enlisted as part of Abramoff's $2 million pro-gambling campaign.

    Sheldon said last year that he could not remember receiving money from Abramoff's client and that he was unaware that Abramoff was involved in the campaign to defeat the bill. A spokesman for Reed, now a candidate for lieutenant governor of Georgia, said that he and his associates were unaware that any money they received had come from gambling activities.
  8. Ozzy

    Ozzy

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    15,725
    But many industry operators now fear entering the U.S. Carruthers arrest marks the first time a non-US citizen has been apprehended as a result of charges stemming from internet gambling activities.



    I've had my alternate business set up since the mid 90's using five books in Costa Rica on a rotating basis. Never had any problems but thats because I'm careful, extremely perceptive, don't make mistakes, don't get greedy and have tremendous foresight. When the casino websites started popping up around 2000 or so I scaled down and changed my modus operandi and started playing a "shell game" of sorts with this rotation. The shutting of these websites is going to be great for local book business.
  9. rocketman29

    rocketman29

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    184
    Ozzy, I think this gut is a US Citizen, native of Texas, at least that's where he was arrested. And from what I saw on the news this is likely a sign of other crackdowns on the business. As for the site I use, it's still up and I meet with my local man for payment one way or the other, usually not in my favor. I always hope they get busted on those horrible weeks where I owe my check, but so far he has been lucky.
  10. Ozzy

    Ozzy

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    15,725
    These arrests won't... or shouldn't stick.

    Non-US citiznes running over-seas sports books and gambling sites on the world wide internet should not fall under any US juridiction.


    Funny, but you can still call one of a hundred sports books in the islands on a phone and place a bet. Bender..... Remember when I said this was going to happen years ago because I said these websites were too high profile and to tempting for LE to back away from. I was told then the FBI deemed these cases as too "iffy" to procecute.... I wonder what changed their minds... (the latest poker craze?).
  11. lepke

    lepke

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    1,149
    BetonSports.com has followed the closure of its sports betting website with that of all its brands, with the notable exception of MVP Sportsbook, which is still freely advertising for bookmakers and agents to join as part of a "per head" arrangement.

    The sites closed down "temporarily" by BetonSports PLC included their BosPoker.com and BosCasino.com websites.

    The U.S. government arrested BetonSports PLC CEO David Carruthers at a Dallas airport Sunday night while switching flights between London and Costa Rica. 10 other individuals were either arrested or sought in a felony matter that alleges racketeering and tax evasion.

    It had been assumed that the greater uncertainity over the legality of casino and poker websites meant that the Department was attacking only sportsbooks. However, BetOnSports, which operates websites including BoSPOKER.com and BoSCASINO.com, said yesterday: “In relation to the temporary restraining order, the company confirms that it has temporarily discontinued the provision of all of its US-facing services.”

    The restraining order states that the group is barred from “operating an illegal gambling business through internet websites”. It lists 711 websites linked to BetOnSports, Mr Kaplan and the other defendants, including numerous casino and poker sites.

    The restraining order remains in place until a formal hearing, but a spokeswoman for BetOnSports told the Times of London it was appealing. “The order is unreasonable and we are appealing against it.”

    Ginny Pulbrook of the law firm of Citigate, Dewe and Rogerson is working closely with BetonSports PLC to get this matter resolved.

    Meanwhile, BetonSports employees are asking that all of their affiliate partners remove company banners from their websites over the next 72 hours.

    And while company officials have been telling the media "it's business as usual", frantic customers are telling Gambling911.com otherwise.

    One player has close to $5000 sitting in his Beverly Hills Bookie account (a brand owned by BetonSports PLC). He was told Wednesday the company would not be processing payouts at this time.

    "I made fairly large reload deposits at many BetonSports websites over the last few months and have large account balances at various Bet on Sports Sportsbooks," the worried customer disclosed.

    More casualties were reported as an indirect response to Monday's indictments.

    On Wednesday, officials from Bodog.com cancelled their much anticipated conference after telling the media the show would go on. A press release claimed that registrants expressed concerns over attending such a high profile conference in Vegas. Others believe Bodog's flamboyant CEO Calvin Ayre feared being arrested. He is not on any US government "watch list" however, having just flown out of New York this past weekend without incident.

    Likewise, the start of next week's World Series of Poker is dominated by online poker exhibitors. Some have already suggested they might not show while several operators who planned on attending online poker room sponsored bashes confirmed they would not be heading to Las Vegas.

    Paranoia has been running rampant throughout the online gaming industry despite the fact that the investigation into BetonSports was initiated in January of 2002.

    "If they (The US Government) wants you, they will bust you no matter what," said one industry person who wished to remain anonymous.

    But many industry operators now fear entering the U.S. Carruthers arrest marks the first time a non-US citizen has been apprehended as a result of charges stemming from internet gambling activities.

    -----

    Christopher Costigan, www.gambling911.com

    Originally published July 19, 2006 9:22 pm EDT







    Originally published July 19, 2006 9:22 pm EDT







    Likewise, the start of next week's World Series of Poker is dominated by online poker exhibitors. Some have already suggested they might not show while several operators who planned on attending online poker room sponsored bashes confirmed they would not be heading to Las Vegas.

    Paranoia has been running rampant throughout the online gaming industry despite the fact that the investigation into BetonSports was initiated in January of 2002.

    "If they (The US Government) wants you, they will bust you no matter what," said one industry person who wished to remain anonymous.

    But many industry operators now fear entering the U.S. Carruthers arrest marks the first time a non-US citizen has been apprehended as a result of charges stemming from internet gambling activities.

    -----

    Christopher Costigan, www.gambling911.com

    Originally published July 19, 2006 9:22 pm EDT




    BoDoggie cancelled convention this week in Vegas in fear they might be grabbing more guys from Costa Rica and other places. Bet On Sports was the largest house in the world and owned many smaller sites. This is a very large case with many implications to online gambling. Kaplan is from New York and an old buddy of Lepkes.I wish him and his family the very best. I hope he saved for a rainey day because it's pouring. Note to self: Don't throw your success in the face of the US justice department it tends to piss them off. Also pay your taxes if you make a billion dollars.