Spiros Athanas close to settling charges in Legends case
Spiros Athanas, founder of The Greek Sportsbook, is one step away from settling charges related to the Legends case.
Mr. Athanas was originally charged on March 20, 2013 in a multiple count indictment for the following violations: Count 1—Racketeering Conspiracy, Count 2—Illegal Gambling Business, and Count 3—Conspiracy to Commit Money Laundering.
Thirteen other counts originally leveled against Mr. Athanas have already been dismissed by the court.
It appeared Mr Athanas had a strong case due to the fact he was not directly involved with Legends Sports. The presiding judge made mentions during the “James Hearing” and at other hearings that the evidence linking Mr. Athanas to the alleged Legends conspiracy was weak.
It is unknown what the plea agreement contains. However another defendant who also had a strong case and was set to be tried with Athanas, Greg Roberts, recently pleaded guilty in exchange for one year of probation and a $125,000 fine.
On August 10th Mr. Athanas’s attorney filed a motion with the court which in part confirmed there is a plea agreement;
Mr. Athanas has reached a plea agreement in this case, which has been reduced to writing and executed by the parties, a copy of which has been furnished to the Court. The plea agreement calls for an agreed upon sentence pursuant to Rule 11(c)(1)(C).
Some procedural issues remain for Mr. Athanas and the court. It could be a couple of months before one of icons in the industry finally has this behind him.
Sportsbook Review will keep readers updated on the outcome of the case.