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Internet Gambling CEO Arrested by FBI

Posted by ryuzaki0 on from the anyone-hear-a-historical-echo dept.

tightpoker writes to mention the news that several key individuals associated with online gambling site BetonSports have been indicted in a Missouri courtroom. Founder Stephen Kaplan, CEO David Carruthers, 9 other people and four corporations have been charged with crimes ranging from racketeering to fraud. The Sunday Time reports on the story as well, addressing fears this may be a prelude to a crackdown on all online gambling by U.S. law enforcement. From the article: "Nigel Parson, leisure analyst at Williams de Broë, said the move would 'throw online gambling stocks into a spin,' adding: 'David Carruthers is a prominent advocate of online gambling. The fear that this is an escalation of the anti-lobby will trouble markets.' Greg Harris, an analyst at Cannacord, said: 'It is too early to say if this is part of a broader strategy on prevention of internet gambling in the U.S. or if it is the Department of Justice flexing their muscles and trying to influence legislation.'"

5 of 298 comments (clear)

  1. Hey Authorities... by William+Robinson · · Score: 3, Funny

    I bet 200 bucks, that there will be dupe of this stroy within 2 days.

    --
    hilarious
  2. Re:It's only a matter of time by M-G · · Score: 5, Funny

    That, and those poker chips block the Internet's tubes....

    Also, with midterm elections looming, it doesn't hurt for the Republicans to crack down on some 'immoral' activity to appease their 'values' voters.

  3. Re:It's only a matter of time by UglyTool · · Score: 2, Funny
    Didn't Moses freak out when he came down from the mountain, and found his people "casting lots"?

    I just read that as making clay models of the guy saved from Sodom...

    --
    Skeptical Limericks
  4. In that case..... by blang · · Score: 2, Funny

    The bible is an open endorsement for gambling.

    If getting rich quick and love of money are sins, then certainly gambling,
    which in the long run makes you poorer, is a Good Thing.

    In fact the state lotteries, indian Casonos, and the online gambling sites, perform the valuable public service of sinning on our behalf, so that we all can become poorer and go to heaven.

    --
    -- Another senseless waste of fine bytes.
  5. Re:It's only a matter of time by cmdr_beeftaco · · Score: 2, Funny

    i thought it was about free drinks, what does the bible say about free drinks?