Feds just seized the gambling site Bodog and indicted its founder. Better find a local because the onlines are going down.
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Feds Seize Bodog
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Originally posted by ravenmaniac View PostFeds just seized the gambling site Bodog and indicted its founder. Better find a local because the onlines are going down.Questions, comments, complaints:
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It would suck having money in a BoDog acct...
BALTIMORE (AP) — The sports gambling site Bodog was shut down and four Canadians indicted, including founder Calvin Ayre, for illegal gambling that generated more than $100 million in winnings, U.S. prosecutors announced Tuesday.
The website's domain name was seized Monday and the indictments, which were returned Feb. 22, were unveiled Tuesday in Baltimore, prosecutors said.
The indictments follow federal prosecutions last year of three of the biggest websites involved in online poker. More than 75 company bank accounts in 14 countries have been frozen, and authorities are seeking $3 billion in fines and restitution, in that investigation.
In addition to the 50-year-old Ayre, prosecutors say the indictment names website operators James Philip, David Ferguson and Derrick Maloney.
Gamblers in Maryland and elsewhere were sent a least $100 million by wire and check from 2005 to 2012, the U.S. Attorney's office said, adding Bodog conducted a $42 million advertising campaign between 2005 and 2008 to attract gamblers to the Bodog.com website.
The operation allegedly moved funds from Bodog's accounts located in Switzerland, England, Malta, Canada and elsewhere to pay winnings to gamblers. The four Canadians face up to five years in prison for conducting an illegal gambling business and 20 years for money laundering. Bodog.com faces a fine of up to $500,000 for gambling and money laundering. Initial appearances for the individuals have not been scheduled.
Marcia Murphy, a spokeswoman for the U.S. Attorney's office in Baltimore, said the four are not in custody. Spokeswoman Vickie LeDuc said later Tuesday that arrest warrants had been issued for the four.
An affidavit filed along with the warrant to seize the site said investigators created accounts with Maryland addresses and received checks in the mail for winnings. The affidavit also said investigators interviewed a former Bodog employee who named top officers and directors and said the company had hundreds of employees in Canada and Costa Rica handling day-to-day operations.
"Sports betting is illegal in Maryland, and federal law prohibits bookmakers from flouting that law simply because they are located outside the country," said U.S. Attorney Rod J. Rosenstein. "Many of the harms that underlie gambling prohibitions are exacerbated when the enterprises operate over the internet without regulation."
Prosecutors say the investigation was led by the U.S. Immigration and Customs Enforcement Homeland Security Investigations in Baltimore and also involved the Internal Revenue Service, Anne Arundel County Police and Maryland State Police. HSI agents seized the domain name on Monday.FUCK YOU, FUCK ME
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Originally posted by ToDaClub View PostEasy there buddy, you're taking a huge gamble on Saturday, and I mean huge!!!!!!!
You're right, first one didn't work out did it?Questions, comments, complaints:
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I just don't get it. I can drive 25 minutes to an OTB and bet horse racing all day and thats a lot more gambling than basketball. I mean its race after race. Also they are fighting for legalizing poker in the US, but thats worse than sports betting. There is a cash game going on all day and all night...
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Originally posted by 3rdmckid View PostThis should not be a problem for those in U.S. were switched out of there weeks ago.....irony here is I wonder if the seperation of Bovada and Bodog created this or factors in somehow ????
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I think that's awesome. Makes me feel layered. Like some sort of epic lasagnaQuestions, comments, complaints:
[email protected]
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We are aware of both the seizure of the domain Bodog.com on Monday and the indictment against Calvin Ayre released on Tuesday. Please be assured that neither of these have in any way affected the operations of Bovada and it’s very much business as usual. The account details and funds of our players remain totally secure. If you have any further questions please feel free to contact us at 1-888-263-0000 or [email protected].
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