57 people and business entities have been indicted for using the internet to run an illegal sports wagering website which processed over $1 billion in bets. “The defendants cannot hide the allegedly illegal sports gambling operation behind corporate veils or state and international boundaries,” Oklahoma City U.S. Attorney Sanford C. Coats said. The government is planning to seek the parties to forfeit at least $1 billion in assets.
Latest Sports news
Rhode Island votes with majority to bring in mobile sportsFeb 14, 2019
Rhode Island senate on Wednesday voted for legalizing mobile sports betting in Rhode Island as they moved forward a step ahead for legalizing it.
US Sports League debate over monetizing sports wageringFeb 6, 2019
Reports suggest that America's major professional sports leagues are debating over the way they can earn revenues from sports betting.
Uganda puts a ban on sports wageringJan 22, 2019
Uganda's President Yoweri Museveni has prohibited all sorts in the country and has issued an order that no new licenses would be issued to sports wagering companies.
Turning Stone and Caesars to open doors for sports betting in New YorkJan 3, 2019
Turning Stone Resorts and Casino will be launching sports betting this year with Caesars Entertainment as per the reports.