Print 9 comment(s) - last by Christopher1.. on May 20 at 4:12 PM

The indictment against two people running an illegal online gambling site was unsealed yesterday

The US Department of Justice has shut down a web site operated by William Scott and Jessica Davis, who were allegedly using an online casino and sports gambling web site to launder money.  WorldWide Telesports Inc. allegedly allowed gamblers to place bets via toll-free telephone numbers and various Internet web sites that were operated by the company.  Scott also faces charges after he failed to report foreign bank accounts to the Internal Revenue Service.  The recently unsealed 12-count indictment claims that Davis and Scott operated the $2.5B USD offshore site that had American gamblers send money from the United States down to Antigua.  The Associated Press reports:

The indictment says the defendants obtained $2.5 billion in unlawful proceeds from telephone and internet gambling. The government is seeking $250 million through forfeiture in hopes it can collect the fees kept by the defendants.

Both suspects are currently on the run.  Interestingly enough, there are very few bodies of government that regulate online gambling sites, particularly because the sites can be run from off-shore servers and yet still operate in the US.  Certainly, this is not the last we've seen of such criminal activities. 

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By cciesquare on 5/19/2006 4:03:42 AM , Rating: 2
Gambling is crazy. Once you pop you cant stop.

hahaah the golf dude probably use that site, i mean golly blwing 50-60 millin gambling? Couldnt you just buy the game on your computer.

Anyone else notice that they got 2.5 Billion. Damn that's a lot of money. It got me think.......naaaaaaah.

RE: crazzzy
By AndreasM on 5/19/2006 10:02:53 AM , Rating: 2
hahaah the golf dude probably use that site, i mean golly blwing 50-60 millin gambling? Couldnt you just buy the game on your computer.

You can't win money by playing blackjack with your computer. It's not the game itself that makes gambling addictive. :P

RE: crazzzy
By Xenoterranos on 5/19/2006 11:34:56 AM , Rating: 3
I wonder how much of a thrill winning money is when you're a billionare. Personally, I'd genetically engineer dinosaurs and hunt them on my private ranch. I would call this ranch...Montana. (no offense to anyone who lives there, it's just decently big and mostly empty) :)

RE: crazzzy
By regpfj on 5/19/2006 2:21:43 PM , Rating: 2
The government is seeking $250 million [in] fees kept by the defendants.

Is that the meaning of that sentence, or did they really make two and a half billion? Surely they made only one quarter of one billion, right? Please...

Gambling, drugs
By proamerica on 5/19/2006 1:31:43 PM , Rating: 2
It all starts with the consumers. If idiots want to blow their money at gambling websites, let them. Its disturbing that such gambling trends are so widespread that the owners of these sites are making billions off them. Such is life. Millions of people apparently like the idea of pouring money into a couple of people's pockets otherwise they wouldn't be doing it. Its not like they were robbed.

In an ideal world nobody gambles because its really a stupid pursuit that does nothing and accomplishes nothing but the wasting of vasts sums of money and time.

RE: Gambling, drugs
By df96817 on 5/19/2006 9:31:21 PM , Rating: 2
Really? So someone who collects beanie babies or cars or stamps is wasting vasts sums or money and time? Someone who runs model trains for a hobby is wasting vast sums of money and time? You know if you follow your logic, all of these hobbies are stupid pursuits that does nothing and accomplishes nothing.

It's just something people enjoy doing and gambling is one of those things. As long as it's in moderation, there is nothing wrong with it. There's a reason why Vegas is the #1 tourist destination in the world. It looks like there are very few people who share your opinion. So why don't you crawl back into your hole where you came out of hiding from and keep your moronic opinions to yourself. Cheers

RE: Gambling, drugs
By Christopher1 on 5/20/2006 4:12:44 PM , Rating: 1
True. Someone who does OTHER things that 'waste' money are okay, but when it comes to gambling it isn't?
That just seems like stupidity, and taking the gambling prohibition in the 'bible' too far.

Gambling in moderation is okay, just like DRINKING in moderation is okay. There are some people who CANNOT do that, but you should NOT blame that on an industry that were NOT made to be babysitters.

By Xenoid on 5/19/2006 3:51:50 AM , Rating: 2
Understandably, this is illegal. However, it is not illegal if you are obscenely rich and hide your money offshores and everyone knows about it but does nothing? Apparently this isn't worth noticing I suppose...

John Daly
By Araxen on 5/19/2006 8:48:33 AM , Rating: 2
The golf dude is John Daly and he was on Howard Stern earlier this week and he said he's never used the online gambling sites. Hard to believe, but I see no reason why he would lie about it. He was pretty much upfront about everything else.

"I'd be pissed too, but you didn't have to go all Minority Report on his ass!" -- Jon Stewart on police raiding Gizmodo editor Jason Chen's home

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