While it's difficult to determine if their efforts are making much of a dent in illegal bookmaking in the U.S., federal law enforcement officials have been busy the past few years prosecuting these sports wagering operations.
Pari-mutuel wagering, one of the few forms of Internet gambling allowed in the U.S., may face a little less illegal competition after a crackdown on an allegedly illegal $1 billion sports bookmaking enterprise.
Jim Rasmussen apologized May 21 for illegally wagering on football, but said his decision to step down as Prairie Meadows chairman of the board was a combination of the betting controversy and ill health.
Former Prairie Meadows chairman Jim Rasmussen turned in his horse owner's license and his River Ridge Ranch stable was legally dissolved May 20. The move looms as a preemptive strike to avert a June hearing at which the Iowa Racing and Gaming Commission would have considered action against Rasmussen for making illegal football bets with alleged bookmaker Robert Derryberry.