1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. Follow Casinomeister on Facebook | Twitter | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

U.S. settles case against BetOnSports

Discussion in 'Casino Industry Discussion' started by Mousey, Nov 10, 2006.

    Nov 10, 2006
  1. Mousey

    Mousey Ueber Meister Mouse

    Pencil Pusher
    I'm posting the entire article because I didn't want you guys to miss an interesting part of the settlement. See paragraph highlighted near end of article.
    U.S. settles case against BetOnSports By CHRISTOPHER LEONARD, Associated Press Writer
    16 minutes ago

    ST. LOUIS - A federal prosecutor reached a settlement Thursday with online gambling company BetOnSports PLC that permanently bars the London-based company from accepting any bets from the United States.


    The lawsuit has been closely watched by the online gambling industry, which generates about $6 billion annually in the United States.

    The settlement ends a massive civil case U.S. Attorney Catherine Hanaway filed this summer. It does not effect a criminal case still pending against several BetOnSports employees, including Chief Executive David Carruthers, who remains under house arrest in a St. Louis suburb.

    Carruthers faces 22 counts of fraud and racketeering charges. His case is scheduled to go to trial early next year. BetOnSports fired him soon after he was arrested in July.

    Hanaway spokeswoman Jan Diltz said the U.S. Attorney's Office would not comment on the civil settlement because the criminal case is ongoing.

    BetOnSports said in a statement that it did not admit wrongdoing by entering the settlement.

    Spokesman Kevin Smith said about 20 percent of the company's revenue came from other countries, most of them in Asia.

    "That will be the total focus of the company now," he said.

    The settlement requires BetOnSports to open a toll-free telephone service to inform bettors how they can reclaim wagers pending before the suit was filed.

    Smith said the hot line should be running within a week. He said he did not know how BetOnSports planned to refund customers.

    BetOnSports must also take out an advertisement in a major newspaper telling customers that Internet gambling is illegal in the United States and the company will no longer take their bets. It must post similar messages on its Web sites.

    The settlement isn't likely to have a huge effect on the Internet gambling industry, said Nelson Rose, a professor at Whittier College of Law and an expert on Internet gambling.

    Rose said companies paid more attention to the recent passage of the Unlawful Internet Gambling Enforcement Act, which President Bush signed into law Oct. 13. The act cracks down on banks that transfer bets placed on the Internet.

    Rose said passage of the act forced Internet gambling companies to decide whether they want to risk doing business in the United States.


    OK... Who the hell made all internet gambling ILLEGAL everywhere in the US when I wasn't looking?? Guess a judge somewhere thought he'd clarify the old wire act for us all?
    1 person likes this.
  2. Nov 11, 2006
  3. dominique

    dominique Dormant account

    The Boonies
    Betonsports used to do all this publicity in the states about sportsbetting. They had a van driving around all over handing out flyers and David personally spent much time in the US leading such campaigns.

    They bought ads on buses and whatnot, and when the US would make the bus company take them down, they would just appear elsewhere.

    Betonsports was in the face of the US authorities constantly. What happened to David and the above are payback.

    Betonsports and Sportingbet were also a big part of the lobbies that kept the anti gambling laws from passing for years. Arresting them just prior to the new law coming up effectively crippled the lobbies and that is why the law passed this year.

    This whole thing is about the US stomping on those who would laugh in their face.
    1 person likes this.

Share This Page