The founder of BetOnSports.com, Gary Kaplan, has completed his prison sentence in connection with running what was considered the biggest North American facing sports betting business of its kind during its heyday. Numerous sources have confirmed to Gambling911.com that Kaplan is out of jail, whereabouts unknown.
BetOnSports and nearly a dozen of its executives were indicted in July of 2006 just prior to the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) in October of that same year. Charges included racketeering, money laundering and mail fraud.
Kaplan was captured in the Dominican Republic nearly six months after the indictment had been issued. He was arrested and placed behind bars in St. Louis. Ultimately, Kaplan was sentenced to just over one year’s prison time.
Former CEO David Carruthers served an even longer period of time in detention, though much of that was under house arrest outside of St. Louis. Carruthers was also recently released from prison.
Only recently have customers of the now defunct Costa Rican-based operation reported receipt of some payment, with a settlement of 3 to 5 percent total owed.
- Chris Costigan, Gambling911.com Publisher