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Sports gambling is illegal in america with Nevada being the lone exception, but that did not stop four men from managing a billion-dollar sports gambling procedure in Ca and brand New York.

Brooklyn District Attorney Ken Thompson announced on June 30th that four people have been charged in a 57-count indictment with owning a sports gambling ring on the Internet. Thompson says the group’s wire room was situated in San Jose, Costa Rica.

Based on Thompson, the four guys collected $927 million in illegal bets during last 12 months’s NFL season alone.

‘Illegal gambling is not a crime that is victimless it preys on peoples’ vulnerabilities and directly leads to money laundering, loansharking and a host of other crimes,’ Thompson said. ‘ This huge gambling operation, perhaps the biggest one ever to be dismantled by a local prosecutor’s office, allegedly relocated millions of dollars across the United States plus the world.’

Operation Exposed

Prosecutors allege that the group operated a series of password-protected websites that offered lines and wagering possibilities. Gamblers also used a toll-free betting hotline.

The defendants did little to conceal just what their secured websites were doing behind the p Continue reading →