A definitive direction in the grey area of online gambling, Federal authorities have taken an aggressive stance on Canada based gambling company Bodog. The website name was seized this past Monday and indictments were quick to follow in the state of Maryland. The outcome of this case should set interesting precedence on a state level for upcoming online gaming companies such as Zygna.
“Gamblers in Maryland and elsewhere were sent a least $100 million by wire and check from 2005 to 2012, the U.S. Attorney’s office said, adding Bodog conducted a $42 million advertising campaign between 2005 and 2008 to attract gamblers to the Bodog.com website. Marcia Murphy, a spokeswoman for the U.S. Attorney’s office in Baltimore, said the four are not in custody and no attorneys had indicated by Tuesday afternoon they are representing the four or Bodog. Spokeswoman Vickie LeDuc said later Tuesday that arrest warrants had been issued for the four. The operation allegedly moved funds from Bodog’s accounts located in Switzerland, England, Malta, Canada and elsewhere to pay winnings to gamblers. The four Canadians face up to five years in prison for conducting an illegal gambling business and 20 years for money laundering. Bodog.com faces a fine of up to $500,000 for gambling and money laundering. Initial appearances for the individuals have not been scheduled.”
Federal authorities seize popular sports gambling website Bodog; founder among 4 indicted – The Washington Post.
