Cantor Gaming Sportsbook Director Michael Colbert Released on Bail

Written by :

C Costigan

Published on :

26 October, 2012

The Sportsbook Director for Cantor Gaming, Michael Colbert, has been released on $50,000 bail Friday.

Colbert, 32, was one of 25 individuals charged with conspiracy, money laundering and enterprise corruption in connection with a $50 million sports betting enterprise with ties to Pinnacle Sports in Curacao.

Colbert is scheduled to appear Monday in Las Vegas Justice Court.

On Thursday night it was revealed that Cantor Gaming was under investigation by the Nevada Gaming Control Board in an effort to determine if Colbert’s alleged illegal activities extended deeper into the operations of Cantor.

Cantor Gaming is an affiliate of New York-based brokerage firm Cantor Fitzgerald that runs seven Las Vegas sportsbooks including those at the Hard Rock, Palms, M Resort, The Venetian, Cosmopolitan, Palazzo and Tropicana.

- Chris Costigan, Gambling911.com Publisher

Sports Betting

Crime

Gambling News

Northwestern vs. Indiana Touchdown Scorer Prop Bets: Turbo Richard, Charlie Becker, Nick Marsh

Charlie Becker is also priced at -190 to score a touchdown this evening at any point during the game. He has six touchdowns in three games so far this season.

Northwestern vs. Indiana Total Receiving Yards Prop Bets: Charlie Becker, Griffin Wilde, Nick Marsh

At 90+ receiving yards, Charlie Becker starts paying better than even odds and all the way up to $1700 for every $100 bet with 175+ receiving yards.

Türkiye v France Betting Odds - Goalscorer Markets: Kylian Mbappe, Ousmane Dembele, Esteban Lepaul

There have been over 2.5 goals scored in Türkiye's last 3 league games while France have scored at least two goals in their last 3 league games, making the goalscorer betting markets for this match quite enticing.

How to Choose the Right Sports Arbitrage Betting Software

The sports arbitrage market has grown significantly, and bettors can now choose from a wide range of scanning services. While having more options is generally a good thing, it can also make the decision more difficult, especially for beginners who are not yet sure which features really matter.