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
Caesars to launch sports betting in Mississippi and Atlantic CityJul 31, 2018
Two Atlantic City casinos which is owned by Caesars Entertainment will now allow sports betting in the casino and another two in Mississippi will start offering it from mid-August.
NCAA reiterates their stance on sports bettingJul 20, 2018
The NCAA announced on Thursday which suggested that an internal team of experts have started to examine the impacts of legalized sports betting on college sports, use of integrity services and rules.
Ohio legislature introduces Sports betting billJul 16, 2018
"General Assembly intends to develop and enact legislation for legalizing sports betting sports betting," bill states.
Pennsylvania might adopt new rules for sport bettingJun 29, 2018
The Pennsylvania Gaming Control Board approved new temporary rules as it opened its doors to sports wagering on Wednesday.