Sports book director for Cantor Gaming arrested, faces eight charges

BY HOWARD STUTZ
AND CHRIS SIEROTY

LAS VEGAS REVIEW-JOURNAL
Posted: Oct. 24, 2012 | 1:44 p.m.
Updated: Oct. 24, 2012 | 2:41 p.m.


Mike Colbert, sports book director for Cantor Gaming and manager of the M Resort's race and sports book, was arrested Wednesday by state gaming agents in conjunction with a warrant filed by the District Attorney's office in Queens County, N.Y.

Gaming and legal sources confirmed the charges involve PinnacleSports.com, one of the largest off-shore sports wagering websites. Sources said agents for website were arrested in several cities Wednesday.

New York prosecutors are expected to release more information Thursday.
Colbert, 32, was booked into the Clark County Detention Center on a fugitive charge. He faces eight counts of conspiracy, money laundering and enterprise corruption.

Gaming Control Board Chief of Enforcement Jerry Markling said Colbert was arrested at 6 a.m. at his home. He was one of eight people arrested in Las Vegas in connection with New York charges.

Colbert was the only person arrested with ties to Nevada's gaming industry.
Gaming and legal sources said matter does not involve Cantor Gaming and is unrelated to its business in Las Vegas. The company is cooperating with Nevada gaming authorities and met with officials Wednesday at M Resort.

Cantor Gaming officials declined comment. M Resort president Anthony Marnell III also declined comment.