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BetOnSports founder Gary Kaplan pleads guilty
ST. LOUIS The founder of the online gambling site BetOnSports.com pleaded guilty on Friday to federal racketeering conspiracy and other charges, concluding years of investigating and prosecuting a case in the complex world of offshore sports gambling.
Gary Kaplan, 50, who started out as a New York bookie who didn't complete high school, and who in recent years held his business out to the world as the largest and best in the industry, agreed in a plea deal to forfeit $43.6 million in illegally obtained revenue from his criminal enterprise.
Assistant U.S. Attorney Steven Holtshouser said Kaplan won't be left penniless.
By CHERYL WITTENAUER
The Associated Press
Old / Expired Link
ST. LOUIS The founder of the online gambling site BetOnSports.com pleaded guilty on Friday to federal racketeering conspiracy and other charges, concluding years of investigating and prosecuting a case in the complex world of offshore sports gambling.
Gary Kaplan, 50, who started out as a New York bookie who didn't complete high school, and who in recent years held his business out to the world as the largest and best in the industry, agreed in a plea deal to forfeit $43.6 million in illegally obtained revenue from his criminal enterprise.
Assistant U.S. Attorney Steven Holtshouser said Kaplan won't be left penniless.
By CHERYL WITTENAUER
The Associated Press
Old / Expired Link
