..

BetED.com Indicted “Owner” not Really an Owner

Written by:
C Costigan
Published on:
Jun/03/2011
BetED.com

eGaming Review Magazine recently interviewed attorney Jeff Imfra, who is representing David Parchomchuk, one of the individuals indicted last week by the US Attorney’s Office out of Baltimore.

Parchomchuk was named as an owner of BetED.com, but he claims otherwise according to Ifrah.  The British Columbian native says he is nothing more than a software developer.

“By indicting a software programmer, Maryland has expanded the definition of who is ‘in the business of’ gambling,“ said Ipfra.  “Traditionally only operators, processors and their owner/directors have been included in this definition,” he added.

Parchomchuk himself claims to have “provided technical consulting services to this company, as I've done for numerous other clients in my career.”

BetED.com shut its doors immediately following the indictment.  The company claims that all of its funds were froze by the US Government. 

Another online gambling firm is reportedly looking to take over accounts of BetED’s former customers. 

Ifrah has said there is no date set for his client’s trial.

- Chris Costigan, Gambling911.com Publisher

Gambling News

What's the Spread on the Bengals vs. Titans Game?

What's the Spread on the Bengals vs. Titans Game?

The Bengals have advanced in the Playoffs for the first time in decades and they are set to play the Tennessee Titans as a +3 underdoog.

Djokovic Flies Out of Australia After Losing Court Appeal

Djokovic Flies Out of Australia After Losing Court Appeal

Tennis superstar Novak Djokovic flew out of Australia on Sunday after a court upheld the government's decision to cancel his visa, capping days of drama over the country's COVID-19 entry rules and his unvaccinated status.

Books See Mostly Balanced Action on Sunday's Wildcard Games

Books See Mostly Balanced Action on Sunday's Wildcard Games

While action was mostly balanced for Sunday's NFL Wildcard games, 82% of the moneyline bets in the Steelers-Chiefs game were coming in on Kansas City.  While an outright win by the Chiefs won't be crushing for the books, a Steelers upset would be sweet.  That's because those betting the moneyline were willing to pay a steep -800 price.

$1.2 Billion Bet in December With New Jersey Sportsbooks: Revenues Way Down Though

$1.2 Billion Bet in December With New Jersey Sportsbooks: Revenues Way Down Though

A whopping $1.2 billion was wagered on sports in New Jersey during the month of December.  The books won $59.0 million in the month.

How do you Become a Licensed Bookie?

Now that each state in the United States sets the rules on the legality of bookmaking, it is becoming legal in more and more states, and will probably be legal in every state in the next 5 to 10 years. Since each state has their own specific rules and laws on gambling and being a licensed bookie, the first thing to do is see what the current rules are in your state.

Syndicate