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Gaming GuruKaplan sentenced to 51 months in prison3 November 2009
BetOnSports founder Gary Kaplan was sentenced to 51 months in prison on federal racketeering charges Monday. Kaplan, 50, had pleaded guilty in August to charges of conspiracy to violate the RICO statute, conspiring to violate the Wire Wager Act and violating the Wire Wager Act. He will also have to forfeit $43.65 million in criminal proceeds, as well as approximately $7 million in related proceedings. "Kaplan was unique in the scope and scale of his illegal operation," said Acting U.S. Attorney Michael W. Reap. "Despite his immense profits, he is living in federal custody. This case should serve as a warning to others who might choose to defy the laws of the United States on such a grand scale." Kaplan was arrested in the Dominican Republic in March of 2007. He faced 20 felony charges for allowing American residents to wager at BetOnSports. He also ran illegal sports betting operations in New York and Miami before setting up BetonSports in Antigua and Costa Rica. Kaplan was indicted in 2006 for his role with BetOnSports. "Gary Kaplan was sentenced to the maximum under the plea agreement which sends a message to those operating illegal offshore gambling enterprises," said Roland Corvington, Special Agent in Charge of the FBI in St. Louis. "In addition to being in prison, hopefully some of the money forfeited will go to useful purposes such as fighting other Internet-related crimes, such as catching child predators who think they can hide on-line." Former BetOnSports CEO David Carruthers pled guilty to racketeering charges in April, but last month reversed course and withdrew his plea. He has spent three years under house arrest in Missouri. Carruthers had agreed to cooperate with prosecutors on other cases related to BetOnSports, including Kaplan's trial, as a part of his plea deal. It is unclear why Carruthers withdrew his guilty plea. Top-10 WSOP tidbits from Lon and Norm2 November 2009
You recognize their voices. You know their faces. They have been as much a part of ESPN's World Series of Poker coverage as the players. They are Lon McEachern and Norman Chad. McEachern and Chad have been providing commentary for the World Series of Poker since 2003, and they will be at it again next week ... (read more)
Phil Ivey is simply on fire15 June 2009
As Marv Albert would say, Phil Ivey is absolutely "on fire" at the World Series of Poker.
The man considered by many to be the game's best player won his second gold bracelet of the year in Event 25, the $2,500 Omaha High-Low / Seven-Card Stud High-Low split tournament.
Ivey now has seven WSOP titles ... (read more)
Ivey adds sixth bracelet to collection5 June 2009
Phil Ivey said in 2005 that he thought that he could win 30 gold bracelets by the time he was done playing poker.
After taking home his sixth bracelet last night, he is 20% done.
The 32-year-old superstar outlasted a strong field of 147 to win the $2,500 Deuce-to-Seven No-Limit Lowball event at the ... (read more)
The stars are out at the WSOPPoker superstar Daniel Negreanu just missed out on his first World Series of Poker final table of 2009, but the talk of the event revolved around the 74-year-old winner. Freddie Ellis, a real estate broker who outlasted 141 other competitors in the $10,000 Seven-Card Stud tournament to win the gold bracelet, is more than twice Negreanu's age. ... (read more)First week of WSOP breaking recordsThe 40th World Series of Poker kicked off last week at the Rio All-Suite Hotel and Casino in Las Vegas, and it didn't take long for records to be broken. Event #2, the $40,000 buy-in no-limit Hold'em tournament, set the record for the largest prize pool in a non-Main Event field, with 201 players paying ... (read more)Heavyweights duke it out at $40,000 WSOP eventOne of the World Series of Poker's most anticipated events kicked off yesterday, as poker heavyweights battled it out in a $40,000 no-limit Hold'em tournament. At the end of the day only 89 players remained out of a field of 201. The tournament is the largest no-limit Hold'em event ever held in the U.S., ... (read more)Top-10 first impressions of Las VegasLast week I finally took my pilgrimage to gambling's Mecca: Las Vegas. I stayed for four days and three nights, and probably couldn't have lasted any longer. By my last day, running on three hours of sleep had finally caught up. My group stayed on the Strip at the Luxor, whose two "headline" acts were Carrot Top and Criss Angel. ... (read more)PRWeb not taking online gambling clientsIn an unexpected move this week, the press release distribution site PRWeb has stopped accepting press releases that deal with online gambling. A salesman at PRWeb's parent company Vocus confirmed that management had sent out an e-mail that said the company would stop publishing online gambling press ... (read more) |