Busted: New Jersey Bookmaking Ring Generating Millions in Betting Action

Posted by & filed under Boookmakers.

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It’s like an episode of The Sopranos. Well, actually, it’s a little more sophisticated than most of the The Sopranos rackets. 13 alleged mob members with ties to the Genovese crime family have been arrested for their role in an enormous bookmaking operation.  But this wasn’t the old-fashioned mobster bookmaking operation where bets are written… Read more »

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$1 Billion a Month Illegal Betting Rig Nabbed in Malaysia

Posted by & filed under Boookmakers.

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Over 150 people have been arrested in Kuala Lampur for their involvement in an illegal betting ring. The staggering part: this betting ring was apparently handling about $1 billion in soccer bets a month.  The perpetrators were operating out of a handful of luxury bungalows in a high-end gated community. And this wasn’t just a… Read more »

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Teenage Girl Booking Bets Makes $300K a Year, Now in Jail

Posted by & filed under Boookmakers.

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Briana Rios, a 19 year old Miami high school student, was arrested on bookmaking charges. Go ahead and read that again. A 19 year old girl was arrested on bookmaking charges. And her bookmaking operation was allegedly netting her $300K a year. That’s tax free, of course, since most illegal bookies don’t report their income… Read more »

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