Monies Seized from Online Gambling Sites Will Pay for new Undercover Vehicles

Submitted by C Costigan on

Written by :

C Costigan

Published on :

The Anne Arundel County police department of Maryland has hit the jackpot, netting nearly a half-million dollars for its assistance with a federal agency that seized nearly a dozen online gambling websites last week, including Bookmaker.com, DoylesRoom.com and BetED.com.

Nine of the ten online gambling websites belonged to the Bookmaker Group, which had most of its businesses up and running within 24 hours of the seizure.  The Bookmaker brand had switched to a .ag domain extension even before its main .com site was offline. 

A second company charged in the sting operation, BetED.com, closed its doors following the announced charges.  That company claims it cannot make good on payments since the US Attorney's Office ouf of Balfimore seized all of its funds.  Customers are demanding to know where their funds are.

"Now we know," quipped one industry insider. 

The Anne Arundel County police department received a check for $470,407.62, which is being called "the single largest asset distribution in county history".  The check will be used to pay for undercover police cars and equipment. 

The sting operation was called “Operation Texas Hold’em”.  Federal authorities set up a phony payment processing company that entered into arrangements with the Bookmaker businesses and BetED.com.  Most of the money seized reportedly came from BetED.com.   Federal authorities handled some $33 million in online gambling transactions during the two-year investigation. 

 

- Christopher Costigan, Gambling911.com Publisher

Related Content

Legal

Ninth Circuit of Appeals Judges Skeptical Over Prediction Markets Claim They Can Bypass State Laws

U.S. Circuit Judge Ryan Nelson bluntly rejected Crypto.com attorney Shay Dvoretzky’s argument that exchange-traded contracts differ in substance from sportsbook wagers.
BetNow

Claim: BetNow.eu Deleted Over $12,000 in Legitimate Winnings: BetNow Resolves Issue

A member of the popular Bookmaker Review forum claimed that offshore sportsbook BetNow confiscated close to $10,000 from his account. BetNow advises Gambling911.com they conducted an internal audit and resolved this matter.
Jazz Sports

More Come Out of Woodwork to Spill the Beans on Jazz Sports

Legal action is coming as the writing appears to be on the wall for Jazz Sports.