17 People Tied to Illegal Offshore Sports Betting Ring Indicted

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

A Queens grand Jury has indicted 17 people from three states in connection to the operation of an illegal sports betting ring.

Those charged reside in New York, California and Nevada.  Some of those named in the indictment were still being sought.  Fourteen people, including three people from New York state, are in custody. Authorities say the remaining three are still being sought.

The illegal sports betting site was operated out of Panama City, Panama using the domain name 365Action.com.

The investigation into the alleged ring began in February 2014. Authorities say the defendants used an off-shore Internet gambling website and accepted bets on sports including college basketball, football, hockey and baseball.  The business was said to have taken in some $32 million per year.

- Jagajeet Chiba, Gambling911.com

Related Content

Alexandra Eala v Amanda Anisimova Betting Markets - WTA Cincinnati Odds

Alexandra Eala v Amanda Anisimova Betting Markets - WTA Cincinnati Odds

Alexandra Eala will pay even odds should she go on to beat -126 favorite in this highly competitive ATP Cincinnati match Monday evening at 8:30 pm EDT.
Who Needs Football When Boerne, Texas Has the Little League World Series:  This San Antonio Area Team is Favored to Win

Who Needs Football When Boerne, Texas Has the Little League World Series: This San Antonio Area Team is Favored to Win

Football is king in Texas. We won't pretend to suggest another sport reigns superior despite every major league having one or more teams in the Lone Star State. San Antonio may be a rare exception to the rule....and there's a new sheriff in town to give the Spurs a run for their money.
The Rise of Sports Prediction Markets: From Fantasy Leagues to Real-Money Contracts

The Rise of Sports Prediction Markets: From Fantasy Leagues to Real-Money Contracts

Sports betting has evolved dramatically in the last decade, expanding from fringe betting and fantasy sports to prediction markets available in every state. The rapid changes in sports gambling laws in North America have opened the doors for new styles of betting to take hold.
 Club Tijuana vs Cruz Azul Cuotas de Apuestas – 16 de Agosto

Club Tijuana vs Cruz Azul Cuotas de Apuestas – 16 de Agosto

Tijuana paga $210 por cada $100 apostados si gana el partido de la Liga MX del domingo por la noche ante Cruz Azul, que parte como favorito y paga $120 por cada $100 apostados en caso de victoria.