Gambling Pro Sentenced to 5 Years Prison for Insider Trading

Written by :

Guest

Published on :

30 July, 2017

Gambling Pro Sentenced to 5 Years Prison for Insider Trading

Billy Walters has been sentenced to five years in prison for conspiring to commit insider trading. Walters, a Kentucky native who has long resided in Las Vegas, was convicted in April on all 10 counts he faced. In addition to being a professional sports bettor – the most feared among offshore bookmakers in fact - Walters was also a golf course developer.

Billy Walters sentenced to 5 years in insider trading case from CNBC.

Crime

Gambling News

Sports Betting

Two Men Wanted for Swindling MGM Springfield Massachusetts Casino

New York resident Gonzalo Capellan and co-defendant Ruddy Iglesia, of New Jersey are both accused of swindling the MGM Springfield Casino in Massachusetts.

Man Sentenced to 20 Years for Armed Robbery of Eastern Oregon Casino, Shooting Cop

According to court documents, on August 17, 2022, Vigil entered the Wildhorse Casino, walked straight to the cashier cage in the gaming area, and handed the cashier a note demanding $1 million.

3 Arrested Following Armed Robbery of Seminole Hard Rock Casino Tampa Patron

The Hillsborough County Sheriff’s Office announced the arrests of three individuals suspected in an armed robbery of an individual returning from the Seminole Hard Rock Casino in Tampa on July 23.

Man Sentenced to Death for 2022 Hacking Murder of Employer to Cover Mounting Online Gambling Debts

A Dhaka, Bangladesh Additional Metropolitan Sessions Judge Court on Wednesday handed down the death sentence to Hridoy Bepari alias Hridoy Mia for the 2022 murder of his employer, Afroza Sultana, in Dhaka’s Maddhya Badda area.