34 charged in alleged illegal sports betting indictment
Update 7/13: Judge denies Legendz founder's Motion for Acquittal or New Trial
Update 6/11: Legendz Update: More on the Verdict & other rulings
The US Justice Department announced Wednesday that 34 individuals and 23 businesses associated with Legends Sports have been indicted. Charges include racketeering, conspiring to commit money laundering, money laundering, and operating an illegal gambling business. The 95-page indictment seeks a default judgment of at least $1 billion.
The indictment was handed down by a grand jury in Oklahoma.
US Attorney Sanford C. Coats of Oklahoma's Western District stated: "The defendants cannot hide the allegedly illegal sports gambling operation behind corporate veils or state and international boundaries. I thank the IRS and FBI for their diligent work over several years to investigate this billion dollar international gambling enterprise."
Sportsbook Review.com will keep readers updated on the outcome of the case.