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Calvin Ayre/Bodog Have $24M in Funds Seized by US Government

Discussion in 'Casino Industry Discussion' started by pokeraddict, Jul 31, 2008.

    Jul 31, 2008
  1. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    Other Bodog assets seized. One of the processors was also a part of another poker room's bad check problems because they got seized too.

    You must register/login in order to see the link.

     
    17 people like this.
  2. Jul 31, 2008
  3. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    This check processor Zip Payments that got seized has also been linked to Full Tilt and Jazette (Sportsbook.com and friends). It is certainly possible that several other gambling sites got stuck there too.
     
    1 person likes this.
  4. Jul 31, 2008
  5. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Zip Payments surfacing yet again, although this will probably see them out of the business. Despite his protestations that he has retired I suspect that Ayre must be a very worried man right now.

    Strange that Fortune hasn't picked up on the patent issues Bodog faced, but then again that front has gone very quiet recently, and you have to wonder whether there has been a back door settlement.

    I found this passage especially interesting:

    "Ayre, says Carrow's statement, is president of Middleton Financial, a Nevada corporation described as a key cog in the U.S. Bodog machinery, as well as Stratham Finance, said to be based in Malta. Other entities linked to Ayre in the court filings are Gateway Financial Services, EBanx Ltd., Gregor Financial Ltd. and Calvtek Industries. The filings list dozens of businesses involved in processing Bodog transactions."
     
    1 person likes this.
  6. Jul 31, 2008
  7. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    He was target Number 1 from Day 1. Even as time marched on and I was somewhat silenced from posting about Calvin (as I assume one reason was that two banned members were involved in several of the threads and I was asked not to give one of the banned members a voice, the request made sense and I respected it). Off the record I suspected even as time marched on since the Neteller arrrests and a few lesser publicized arrests thereafter that he was always target Number UNO (an ex member who oped out of this forum heard this often from moi) and despite the deafening silence and then a couple posts that Calvin claimed it was no problem entering the US, he may have entered (I doubt it) and even if so of course nothing is ever a problem to the narcisstic.

    I also give Kudos to Rollo and iirc, Mousey who got the picture. Amazing that US gamblers may not understand the actual significance of this breaking story. The industry, well as I said, nothing is ever a problem to the narcisstic. Wanna Bet???.LOL;)
     
    2 people like this.
  8. Jul 31, 2008
  9. bb28

    bb28 Meister Member

    Occupation:
    Customer Service
    Location:
    US
    This is the biggest news related to online gambling since the passage of the UIGEA and will have very far reaching effects........imo. :)

    I found this story which is an interview with Calvin himself. It's recent but was written before this news.
    You must register/login in order to see the link.
     
    Last edited: Jul 31, 2008
    2 people like this.
  10. Jul 31, 2008
  11. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    It's already had far reaching effects, most likely a hell of a lot more than we actually know about and the banks involved so far Wachovia, Bank of America, SunTrust Banks and Regions Bank are most likely just some of the few larger ones that they are willing to mention right now. I'm sure they are scanning everyone's account automatically for any and all transactions that involve any of the named processors...;)
     
    1 person likes this.
  12. Jul 31, 2008
  13. lots0

    lots0 Banned User - troll posts - flaming

    Occupation:
    I do nothing productive
    Location:
    Hell on Earth
    Well I hope Calvin uses some of those billions to hire a team of really great lawyers and trounce the justice dept.

    Until there is a LEGAL definition of what "Illegal gambling" is in the USA, Don't count anything out yet...
     
    1 person likes this.
  14. Jul 31, 2008
  15. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    There's several posts already on the board from players who got stuck with bad Zip checks from various (big) online casinos.

    IMHO I don't think asking for a check is a very good idea right now.
     
  16. Jul 31, 2008
  17. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    There is a LEGAL definition of structuring and failure to report taxable income. Hell, I do not expect US players to worry about such trivial matters.:D:rolleyes::D
     
  18. Jul 31, 2008
  19. suzecat

    suzecat Dormant account CAG MM webmeister

    Occupation:
    Retired
    Location:
    California
    Well there is that UIGEA thing that pretty much spells out that US citizens CAN gamble............as long as they don't do it ONLINE with real $ :eek2:
     
  20. Jul 31, 2008
  21. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    I will switch currencies,lol:D
     
  22. Jul 31, 2008
  23. dominique

    dominique Dormant account

    Occupation:
    webmistress
    Location:
    The Boonies
    UIGEA tells the BANKS that they are not to pass on money that is derived from ILLEGAL online gambling.

    The wire act prohibits US citizens from betting on sports over the telephone.

    Hence - illegal online gambling is sportsbetting.

    These are the two laws on the books.

    Individual states have a variety of laws, but the above is what's on the federal books.

    You will note that with each case, Bodog, BOS, Neteller, you have a government official place a SPORTSBET to entrap the target.
     
    2 people like this.
  24. Jul 31, 2008
  25. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    Correct and that gets forgotten about alot. If you recall even though Epassporte was asked politely to shut down they were not seized or arrested. There may be some "you don't want trouble do you?" fine later but to this point they have been left alone even though they openly operate and are located in the U.S.

    The sportsbooks that take U.S. bets are going to be the easiest to make cases against. Jay Cohen at WSEX tried to establish the wire act didn't apply but he lost and went to jail. To this point sportsbetting is the only thing courts have ruled are illegal.
     
  26. Jul 31, 2008
  27. suzecat

    suzecat Dormant account CAG MM webmeister

    Occupation:
    Retired
    Location:
    California



    THAT should be illegal! :mad:
     
  28. Jul 31, 2008
  29. dominique

    dominique Dormant account

    Occupation:
    webmistress
    Location:
    The Boonies
    From my mailbox:


     
  30. Jul 31, 2008
  31. Cool Hand Luke

    Cool Hand Luke Dormant account

    Occupation:
    Blue collar
    Location:
    USA
    US online gaming

    Well now I wonder if this is the start of the end for all US players as far as casino and poker gaming goes.Now none of the US players will not get any of there winnings and probably lose the money from there accounts as well.But the good news is it sounds like Bodog is on its way down
     
  32. Jul 31, 2008
  33. dominique

    dominique Dormant account

    Occupation:
    webmistress
    Location:
    The Boonies
    According to the Mohawks it is just sensationalist and incorrect reporting and nothing more:

    That makes the entire news incorrect and BS.
     
  34. Jul 31, 2008
  35. NASHVEGAS

    NASHVEGAS Banned User - flamming, disrespecting admin,

    Occupation:
    LOL
    Location:
    MERS
    With all due respect Dom as I realize in this case you are simply the messenger but I could not even complete the Morris response without Absolute Poker's responses coming to mind for whatever reason as well as Calvin's blog responses to the 1st Technology patent lawsuit coming to mind as well.....That said, I learned long ago the media often gets the story wrong.....Will try to find the legal pleadings!!
     
    Last edited: Aug 1, 2008
  36. Jul 31, 2008
  37. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    It would make sense that the 9.9 million could be what was taken from Zip. That amount could be the combined loss of all that were using that processor. Bodog could just be one of the bigger customers. Since Forbes printed it maybe they are figuring there is some value in naming Bodog after their story about Ayre earlier.
     
  38. Aug 1, 2008
  39. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    After reading the actual complaints it seems this is entirely directed at Bodog, not other online gambling businesses. Bodog must be named 100 times in the complaint. The investigation dates back to 2006.
     

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