Here's a link to an additional story.
Bet firms fear widening of US investigators' net-Business-Law-Corporate-TimesOnline
I won't cut and paste the whole article this time. It does reference the allegations from the US indictment of Bet on Sports. Again, I'm not saying whether anything's true or false, or mouthing the government's line. Just posting material that can be used for discussion in future posts by Major and Hartley regarding this topic...
"Gary Kaplan and others operated an illegal sports betting business in and near New York. After Gary Kaplan’s arrest on state gambling charges in 1993, he relocated his gambling operation to Florida. In 1995, he moved the illegal gambling business to Aruba, but he continued to operate primarily in the US. The businesses established toll-free telephone services and websites and caused these services to accept sports wagers from gamblers in the United States. In 1996-97, he relocated the operations to Antigua and then Costa Rica. Their primary revenue-producing business was illegal sports wagering in the US.
Among the first internet gambling businesses operated by Gary Kaplan was a computer-based sports book, which evolved into BetOnSports.com. He advertised it as the world’s largest online wagering service. His websites offered illegal wagering on professional and college football and basketball, professional and amateur sporting events and contests.
In 2004, BetOnSports plc, a holding company, was incorporated under the laws of England and the United Kingdom. Gary Kaplan, through a holding company called Boulder Overseas, retained approximately 44 per cent of BetOnSports stock.
David Carruthers was chief executive officer of BetOnSports.com and a director of BetOnSports plc.
BetonSports.com and related entities received taxable wagers of approximately $1 billion a year from 2001 to 2004 and Gary Kaplan, who owned and controlled them wilfully evaded the tax by failing to make wagering excise tax returns.
The defendants have acquired interests subject to forfeiture of at least $4.5 billion including all right, title and interest in BetOnSports plc, its subsidiaries and affiliates."