Endorsed by Gambling911

Founder of Omaha Sports Club Accused of Skimming $400K for Gambling Habit

Written by:

Associated Press

Published on:

Jul/09/2021

Founder of Omaha Sports Club Accused of Skimming $400K for Gambling Habit

OMAHA, Neb. (AP) — The founder of the Omaha Sports Academy took almost $400,000 from the organization for personal use, according to prosecutors.

START YOUR OWN SPORTSBOOK TODAY - #Sportsbooksoftware for bookies. #Payperhead is a service for #bookies that provides a website with thousands of #sportsbetting options each day, so #bookmakers do not have to book action the old fashioned way. www.aceperhead.com/?CMPID=RzkxMQ%3D%3D pic.twitter.com/YsoZwSSoW9
— Ace Pay Per Head - Best Software for Bookies (@aceperhead) November 6, 2020

Start Your Own Sportsbook Today

Bob Franzese, 48, was charged Thursday with two counts of theft by unlawful taking. Douglas County Attorney Don Kleine has said investigators believe Franzese used the money for gambling, The Omaha World-Herald reported.

Franzese turned himself in Wednesday at the Douglas County Jail. He was granted $25,000 bail on Thursday and was no longer listed in the jail census Thursday night.

Subpoenas showed Franzese made 32 deposits into two bank accounts that accounted for the missing money, prosecutors said.

Franzese founded the sports academy in 2007 and was its co-owner and general manager until he was removed in April.

Franzese’s attorney Mark Foxhall, said Franzese was being treated for addiction, anxiety and depression.

Gambling News

Many Fliff Customers Accused of Having Multiple Accounts

One Redditor writes: "I know of personally at least 5 instances and there is no recourse. Fliff customer support does not respond or waits weeks."

68 2025 March Madness Prop Bets and Trump's Bracket

This year, BetOnline took the 68-team field a bit too seriously.

No More Sweepstakes Casinos in New York State as Bill Inches Closer to Passage

Senator Joseph Addabbo, the Chair of the New York State Senate Racing, made it abundantly clear heading intp the new legislative session, he was making it his mission to eradicate sweepstakes casinos in The Empire State.

Cuban Man Can Finally Claim His Jackpot Wins....Nearly Two Years Later

Federal law prohibited Eduardo Cardoso from claiming a number of jackpots hit at the Seminole Classic Casino.

Hawaii Senate Committee Advances Digital Sports Betting Bill

Hawaii, one of the few remaining states without legalized gambling, has taken a significant step toward changing that status. A digital sports betting bill has advanced through a key Senate committee, indicating growing legislative interest in expanding the state's gaming options. The proposed measure would permit online sports wagering while prohibiting physical betting establishments, keeping Hawaii in the digital-only realm of gambling regulation.