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.
A federal jury in Oklahoma City convicted three Florida men and a Florida corporation today for their participation in an illegal international gambling and money laundering enterprise.
- By Frank Angst
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.
Two brothers have been charged by the U.S. District Court in Nevada in connection with a U.S. Attorney's Office investigation that included the former offshore rebate shop International Racing Group.
Some Nevada casino racebooks are booking wagers on races from tracks affiliated with TrackNet Media Group after the content company recently cut off signals to the state over a contract dispute.
Carnegie Cooke & Co, under its Brazilian brand "betBrasil," reported record pari-mutuel handle for its first simulcast of the Breeders' Cup World Championships.
The habits of gamblers in Great Britain are moving more toward betting online, a study carried out on behalf of the Gambling Commission has revealed.
The British Horseracing Board's future funding strategy was thrown into disarray when the European Court of Justice Nov. 9 ruled in favor of bookmaker William Hill's challenge over database rights.
The Iowa Racing and Gaming Commission will not pursue gambling charges against former Prairie Meadows chairman Jim Rasmussen.
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.
Jim Rasmussen stepped down as chairman of the Prairie Meadows board of
directors May 9 in the midst of health concerns and charges he had bet
with a bookmaker on football games.
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