In a press release, the Department of Justice today announced they have received indictments on 34 individuals and 23 entities for soliciting more than $1 billion in illegal sports bets. Spiros Athanas, widely known throughout the offshore betting industry as “The Greek,” is among those indicted. Athanas founded TheGreek.com, one of the sharpest offshore books… Read more »
The Daily Mirror describes it as “the sickest bet in the world.” And that’s an apt description. Bookies in Taiwan are now setting odds and taking bets on when terminally ill cancer patients will die. They gather details on a patient’s condition. They visit the hospital. They talk with the family. And they set a… Read more »
A Missouri man who runs a NFL survivor pool told his pool participants that all the pool’s funds were seized by the federal government. The man runs the website mrsports.com. David Purdum at Linemakers first reported the story. According to pool participants, there were 2,000 players in this year’s survivor pool who each paid $100. And there was… Read more »
The Internal Revenue Service (IRS) busted a Dallas area sports betting ring that was handling $1 billion in illegal sports bets per year in one of the largest cases of its kind. As with many illegal bookmaking operations, the Dallas-based betting operation used toll-free numbers and websites that funneled clients’ betting activity to a Caribbean… Read more »
Buddhist monks are generally considered the calmest, most serene guys on the planet. They abstain from indulging in material things. They’re wise. And they’re always wearing comfortable clothes. But here’s a little secret: some Buddhist monks like to drink. And smoke. And gamble. According to Reuters, six leaders of South Korea’s biggest order of Buddhist… Read more »
