07-24-2006, 08:20 PM
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#1 (permalink)
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Bet on Sports
David Carruthers was arrested in Dallas on charges of racketeering, conspiracy and an illegal online gambling enterprise. While on a layover to Costa Rica, where his company is based, Carruthers, chief executive officer for BetOnSports was arrested and detained on Sunday, forcing the online gambling community to take note.
Carruthers' arrest seems to have spooked online gaming executives. A major gaming conference was cancelled as a result of the arrest. The Bodog.com Marketing Conference typically attracts gaming professionals from all over the world but as soon as word of Carruthers arrest spread, attendees began canceling.
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07-24-2006, 08:22 PM
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#2 (permalink)
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The conference will likely be held in the UK, Canada, the Bahamas, or Costa Rica in the next few months.
BetOnSports is not a typical online gaming company. They deal in sports betting, which is clearly outlawed by the Federal Wire Act of 1961, and they once operated in the United States. Most Bodog attendees are in the card gaming business and operate overseas, which makes them a bit more untouchable by the U.S. government. But they're not willing to gamble with the prospect of prosecution.
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07-24-2006, 08:40 PM
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#3 (permalink)
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So what are you saying that its illigal to place bets in the US on sports.. I guess I didnt know that I see it in the movies but its usually mafia movies
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07-24-2006, 11:04 PM
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#4 (permalink)
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"It's usually in maria movies" -- there's your clue. I didn't know this either, though, but I think the story is kind of comical.
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07-25-2006, 07:16 PM
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#5 (permalink)
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I'm guessing betting on sporting events is illegal in some venues and not in others. It is legal to bet on a horse at the racetrack, so obviously it is still allowed in some circumstances.
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07-25-2006, 08:22 PM
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#6 (permalink)
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well I suppose it keeps things tight and safe for our country because the betting industtry is a dangerous one.
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07-25-2006, 11:35 PM
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#7 (permalink)
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Quote:
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Originally Posted by JLo
I'm guessing betting on sporting events is illegal in some venues and not in others. It is legal to bet on a horse at the racetrack, so obviously it is still allowed in some circumstances.
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Exactly. Pete Rose was arrested many years ago because he was betting on baseball games. It all depends on the sport and the laws regarding gambling in whatever state you are in. |
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