The Las Vegas Review-Journal is Nevada's most trusted source for local news, Las Vegas sports, business news, gaming news, entertainment news and more.
"Seven homes in Southern Nevada were searched Wednesday and numerous wagering accounts were frozen, the control board said in a statement.
Markling said "multiple casinos" were involved in the Nevada investigation. He said safe deposit boxes at several casinos were searched and $2.8 million in cash and chips were seized or secured. Authorities also served dozens of search warrants in New York, New Jersey, Pennsylvania and California. All told, $7.6 million in cash was seized."
The Las Vegas Review-Journal is Nevada's most trusted source for local news, Las Vegas sports, business news, gaming news, entertainment news and more.
"Seven homes in Southern Nevada were searched Wednesday and numerous wagering accounts were frozen, the control board said in a statement.
Markling said "multiple casinos" were involved in the Nevada investigation. He said safe deposit boxes at several casinos were searched and $2.8 million in cash and chips were seized or secured. Authorities also served dozens of search warrants in New York, New Jersey, Pennsylvania and California. All told, $7.6 million in cash was seized."
any idea what casinos vixen ?
Comment
VegasVixen
SBR Wise Guy
09-03-10
991
#76
No idea. My buddy who works @ cantor is supposed to call me later when he gets off work... This is such a huge story expected it to be all over sbr today?
Comment
Vegas39
BARRELED IN @ SBR!
09-22-11
30686
#77
Originally posted by VegasVixen
No idea. My buddy who works @ cantor is supposed to call me later when he gets off work... This is such a huge story expected it to be all over sbr today?
Was a thread I had even posted fox5 story on arrests but most of posts got deleted
keep me posted please
Comment
billysink
Restricted User
03-29-09
5172
#78
Originally posted by Chimneyfish
Dumb government logic: "'Illegal gambling is not a victimless crime,' [Queens District Attorney Richard A.] Brown said at a morning news conference. 'Such unlawfully earned profits are often diverted into more insidious criminal enterprises.'"
Laundering gambling profits is only necessary when gambling is illegal. By legalizing gambling, the government would be removing the incentive for doing the very activity that they are citing as a reason to keep gambling illegal in the first place.
Plus, I highly doubt that they can link any of these guys like Colbert to any involvement in actual "insidious criminal enterprises." It's a hyperbolic generalization used to make tax payers feel better about using their money to prosecute victimless crimes that the general public probably isn't very bothered about.
If we really want to get rid of gambling profits being diverted towards funding insidious enterprises, why not take a look at government lotteries?
Chimmer,
Maybe you should take a look a some of these fukkers rap sheets before you think this is not connected to anything insidious. Some have direct ties to the Five Families of New York.
Shit they even got John Tognino again. He had direct ties to Billy Walters for years.
A lot of direct links from Vegas to offshore in this one.
Comment
Optional
Administrator
06-10-10
61669
#79
Is this partially about LV casinos laying off action with Pinnacle?
.
Comment
Grits n' Gravy
Restricted User
06-10-10
13024
#80
Originally posted by Optional
Is this partially about LV casinos laying off action with Pinnacle?
No. This could get real ugly from some of the chatter I've been hearing.
Comment
Kindred
SBR MVP
09-09-08
2901
#81
Pinnacle is the most notable of those and is known for catering to big professional bettors. Stanley Tomchin and George Molsbarger of California, and Brandt England of Las Vegas were named in the indictment as owners of Pinnacle Sports. http://linemakers.sportingnews.com/s...aming-nypd-fbi
Donors who identified their employer as PINNACLE SPORTS in the current election cycle.
ironic that it was a kennedy that is responsible for the "wire act" and this guy is donating to a kennedy's campaign
They weren't hiding the fact that they worked/founded pinny.
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Inkwell77
SBR MVP
02-03-11
3227
#82
Originally posted by Grits n' Gravy
No. This could get real ugly from some of the chatter I've been hearing.
Cantor will make things right with the right people..... lol
I highly doubt they lose their gaming license
Comment
billysink
Restricted User
03-29-09
5172
#83
Originally posted by Grits n' Gravy
No. This could get real ugly from some of the chatter I've been hearing.
We got some folk playing both sides of the coin here by the looks of it.
Comment
Grits n' Gravy
Restricted User
06-10-10
13024
#84
Originally posted by Inkwell77
Cantor will make things right with the right people..... lol
I highly doubt they lose their gaming license
They won't but a lot of people are about to get screwed over. Let the snitching begin. Also likely cost Cantor the concessions for a big gaming company.
Comment
VegasVixen
SBR Wise Guy
09-03-10
991
#85
Just got off the phone w/ my buddy.. he said Cantor's stance at work today is "business as usual" and that it's not a Cantor issue; more of a rogue employee situation. Didn't expect they'd say much more... Stay tuned
Comment
Vegas39
BARRELED IN @ SBR!
09-22-11
30686
#86
Originally posted by VegasVixen
Just got off the phone w/ my buddy.. he said Cantor's stance at work today is "business as usual" and that it's not a Cantor issue; more of a rogue employee situation. Didn't expect they'd say much more... Stay tuned
Not sure I buy that he was only one there involved. Thanks for update
Comment
billysink
Restricted User
03-29-09
5172
#87
Originally posted by VegasVixen
Just got off the phone w/ my buddy.. he said Cantor's stance at work today is "business as usual" and that it's not a Cantor issue; more of a rogue employee situation. Didn't expect they'd say much more... Stay tuned
Does not really rhyme with the charges laid. Especially the money laundering charges. Those would be laid specifically to the individual who handled or authorized the transactions.
He is charged with first, third and fourth degree money laundering.
It would make sense that he as manager of a sportsbook approved wagers in excess of $10,000-500,000 that were tied to the street vendors named in the indictments.
The third and fourth degree money laundering charges are laid when transaction exceeds 10,000. The first degrees belies that the transaction was over 500,000 and was made with the intent to conceal the source or nature of a transaction.
It would appear that both Pinnacle and Vegas knowingly were being used by these vendors to lay off their take.
If true it would be hard to blame a transaction of that magnitude on an employee. How could Cantor (or it's internal auditors) not know this or question it.
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jgilmartin
SBR MVP
03-31-09
1119
#88
Interesting post from Haralabos Voulgaris - poster "coltranedog" on the poker forum involving the number 2 (I know we're not supposed to promote other forums on here):
I have no info on the arrests etc, but I will say that when I was betting Cantor, they'd often deny my bets and then the lines at pinnacle and a few other books would move instantaneously.
I was betting through their tablet and it was really frustrating, the little wheel on the tablet would spin, then the lines at books offshore would move and Cantor would refuse the bet.
Someone at Cantor was either betting these other books or giving info to others to go out and bet the games. I guess its more likely that Colbert was the guy doing that.
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Bluehorseshoe
SBR Posting Legend
07-13-06
15003
#89
Originally posted by jgilmartin
Interesting post from Haralabos Voulgaris - poster "coltranedog" on the poker forum involving the number 2 (I know we're not supposed to promote other forums on here):
That makes the most sense on what happened. Too bad Cantor's lines aren't on any line service. I'm sure they adjusted even without the bet getting in.
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LordVodka
SBR Hall of Famer
08-17-09
5206
#90
What does this mean for US bettors?
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chopperocker
SBR MVP
08-16-09
1784
#91
Originally posted by A4K
It's a power play and Nevada wants all the gaming power. I wish the U.S. would just wake-up and make Nevada the only state you can gamble with. Make it legal for any U.S. resident to open a gambling account in Nevada. Regulate it, take a small fee and move on. penetrate the NFL, NHL, MLB and the NCAA. They are all hypocrites. They openly lobby against legal wagering in other states, but reap huge ratings from degenerates watching the games.
billysink downing Queens DA kool-aid by the gallon
cash grab on their part and they try to legitimize it by claiming ties to crime families. there is no such tie.
as for your comments I've seen about the law being clear, it could not be further from clear.
Charges on promoting gambling? Class D felony unless you're surrounded by a bunch of sand.
Transmitting gambling across state lines? Send SWAT teams after DonBest and SportsOptions, not to mention the NY Post (http://statfox.nypost.com/Odds.aspx).
Anyone who thinks there is any legitimacy to these arrests is a complete tool like billysink
Comment
billysink
Restricted User
03-29-09
5172
#94
Originally posted by mathdotcom
billysink downing Queens DA kool-aid by the gallon
cash grab on their part and they try to legitimize it by claiming ties to crime families. there is no such tie.
as for your comments I've seen about the law being clear, it could not be further from clear.
Charges on promoting gambling? Class D felony unless you're surrounded by a bunch of sand.
Transmitting gambling across state lines? Send SWAT teams after DonBest and SportsOptions, not to mention the NY Post (http://statfox.nypost.com/Odds.aspx).
Anyone who thinks there is any legitimacy to these arrests is a complete tool like billysink
Fukkstikk. Show me the part where I said there was anything legitimate about these arrests. Show me asshole.
These arrests, the last 5 sweeps before and the next 50 fukkin 2 will have little more than an instant impact on the streets. The fukks who got arrested have been down this road so many fukkin times they just pay out and move to another "occupation" for the time being. Things will be business as usual real fukkin soon after the necessary "adjustments" are made".
Most of the fukks who got busted here have been at this for 25-50 damn years and will be at it until they die. This shit will have little to no impact to those who are not betting through a third party agent. The applecart was upset at street level and still is. There is no liquidity at street at this time. Anywhere. No new credit no fukkin nothing unless your are a well connected Oriental.
No impact whatsoever on offshore or in Vegas.
I know a whole fukkin bunch about it Mathy. Maybe you and I should get together in the future and I will show you why. Bring a change of underwear you fukkin twerp.
Comment
mathdotcom
SBR Posting Legend
03-24-08
11689
#95
Oh boy.. internet tough guy act.. scary scary
In the SBR John thread you say over and over that this is an open and shut case for the prosecution. So you think the arrests are warranted in the sense that they arrested people who will be prosecuted successfully. But your personal opinion is that they are illegitimate? Now I don't even know where you stand.
Now for your comment, "Anyone shocked at how closely their gambling money is tied to organized crime?"; as far as I know there has yet to be a shred of evidence supplied that indicates the agents had any connection whatsoever to organized crime.
There are two issues here. Enforcement of the law as it is, or enforcement of what the law ought to be. The arrests are consistent with the law as it is, but the law as we know it is vague and full of countless contradictions... which everybody knows and which is why the law is rarely enforced, like many other dumb laws.
Comment
billysink
Restricted User
03-29-09
5172
#96
Big fukkin deal. You know any of the history of these clowns. How many times they have been down this garden path. Maybe throw a google search on a few of them. Interesting reading.
There will be some convictions here. A lot of these charges are class misdemeanors. Some are more serious. Some at the top will be removed from the game for a "vacation". I have no idea what will transpire with the Pinny guys or the Cantor fella. That is a league I have never played in.
As far as you know ain't that far pal in relation to agents. Not far at all. I can see you know very little about the game at street level.
The DOJ will process these guys like a bag of fukkin turnips. Another fukkin day at the office.
You know who they are gonna bust their asses to convict. The software folk. I have it on real good authority that is why they were arrested and charged outside of the blanket indictment. They easily could have been.
Mathy, I am certainly no internet tough guy pal. I am just an old street dog who has been down a road or two you may not have traveled. Lived the life kid and certainly am more qualified to speak of anything that happens at street level than you. Surprises me a bit as you were a player in the nightclub scene for a while. Must have been a kiddie club. We left those alone. Too much fukkin trouble.
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mathdotcom
SBR Posting Legend
03-24-08
11689
#97
Originally posted by billysink
Big fukkin deal. You know any of the history of these clowns. How many times they have been down this garden path. Maybe throw a google search on a few of them. Interesting reading.
There will be some convictions here. A lot of these charges are class misdemeanors. Some are more serious. Some at the top will be removed from the game for a "vacation". I have no idea what will transpire with the Pinny guys or the Cantor fella. That is a league I have never played in.
As far as you know ain't that far pal in relation to agents. Not far at all. I can see you know very little about the game at street level.
The DOJ will process these guys like a bag of fukkin turnips. Another fukkin day at the office.
You know who they are gonna bust their asses to convict. The software folk. I have it on real good authority that is why they were arrested and charged outside of the blanket indictment. They easily could have been.
Mathy, I am certainly no internet tough guy pal. I am just an old street dog who has been down a road or two you may not have traveled. Lived the life kid and certainly am more qualified to speak of anything that happens at street level than you. Surprises me a bit as you were a player in the nightclub scene for a while. Must have been a kiddie club. We left those alone. Too much fukkin trouble.
As I thought, no evidence.
In case you didn't know, the 'old street dogs' aren't the ones making money in this business anymore. But carry on chomping cigars and reminiscing about the good old days in your blue suede suit.
Comment
Vegas39
BARRELED IN @ SBR!
09-22-11
30686
#98
Mathy The mush acting like he has a clue. Seen it all now.
Comment
billysink
Restricted User
03-29-09
5172
#99
Originally posted by mathdotcom
As I thought, no evidence.
In case you didn't know, the 'old street dogs' aren't the ones making money in this business anymore. But carry on chomping cigars and reminiscing about the good old days in your blue suede suit.
Mathy you have no fukkin idea what the fukk you are talking about. At all. Evidence for who, evidence for what. I ain't on fukkin trial here nor am I prosecuting anyone. The fukk I need evidence for?
I have attempted to give an overview of what these charges mean for those who may be betting through an agent or at street level. It is a huge industry pal and one you so very obviously know nothing about. You think the whole fukkin world is a shut in sitting in front of a computer all damn day, scalping lines for a few bucks?
There are a dozen guys in the neighborhood of anywhere who have a bigger sheet than you will ever see. Credit you will never know.
Of course you got your little boy big nose up in the air again like you fukkin know shit.
Evidence.
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ronald
SBR MVP
10-31-05
4919
#100
Originally posted by billysink
Fukkstikk. Show me the part where I said there was anything legitimate about these arrests. Show me asshole.
These arrests, the last 5 sweeps before and the next 50 fukkin 2 will have little more than an instant impact on the streets. The fukks who got arrested have been down this road so many fukkin times they just pay out and move to another "occupation" for the time being. Things will be business as usual real fukkin soon after the necessary "adjustments" are made".
Most of the fukks who got busted here have been at this for 25-50 damn years and will be at it until they die. This shit will have little to no impact to those who are not betting through a third party agent. The applecart was upset at street level and still is. There is no liquidity at street at this time. Anywhere. No new credit no fukkin nothing unless your are a well connected Oriental.
No impact whatsoever on offshore or in Vegas.
I know a whole fukkin bunch about it Mathy. Maybe you and I should get together in the future and I will show you why. Bring a change of underwear you fukkin twerp.
MODS, this poster is clearly threatening the well-being of Mathy. This should be an infraction.
Comment
mathdotcom
SBR Posting Legend
03-24-08
11689
#101
More blah blah blah, nothing backing up anything you're saying.
Time well tell how "connected" the arrested agents were to organized crime. Maybe they took bets from those in organized crime, but there is no evidence that the betting proceeds were being funneled to organized crime. That is just a ploy to justify the detainment of those who committed a victimless crime and to convince the public that the entire hierarchy of the betting world leads to a bunch of fat Italians in NYC.
PS: I assure you I bet more in a weekend than you make in a year (or maybe several), and no, none of it is on the other side of the same game.
Comment
billysink
Restricted User
03-29-09
5172
#102
Originally posted by ronald
MODS, this poster is clearly threatening the well-being of Mathy. This should be an infraction.
Yes. It should be.
Make it fukkin permanent.
Fukk cares.
Comment
billysink
Restricted User
03-29-09
5172
#103
Originally posted by mathdotcom
More blah blah blah, nothing backing up anything you're saying.
Time well tell how "connected" the arrested agents were to organized crime. Maybe they took bets from those in organized crime, but there is no evidence that the betting proceeds were being funneled to organized crime. That is just a ploy to justify the detainment of those who committed a victimless crime and to convince the public that the entire hierarchy of the betting world leads to a bunch of fat Italians in NYC.
PS: I assure you I bet more in a weekend than you make in a year (or maybe several), and no, none of it is on the other side of the same game.
Mathy. Tell me what you know about those that were arrested. Tell me what you know about the case. Tell me what you know about the evidence.
Tell me you know anything. Tell me you know something. Tell me everything you know about how the business works in the real world.
Tell me about the books that those "fat Italians" have owned. Tell me about the bank system or how bets are processed or layed off. Tell me what you would do if you were at a steel shop and took a half a million dollars in action on a side. Where would you lay that??
Tell me about BetRose and BetRoma. Tell me about the guys that got stuck with 15 million on a Saturday afternoon when that went down.
You got a big mouth kid. Tell me how shit works here.
And quit with the I bet more than the GNP of a small third world country every weekend. You have about as much credibility with that statement as you have earned in this discussion. I will leave your ever genius mathematical mind to quantify that.
Truth is I couldn't fukkin care what you bet any more than you care whether or not I am the man in the fukkin moon. You know less than nothing about that which you have offered your opinion on here. That is as easy to see as the nose on your fukkin face.
Nothing could be clearer than that.
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mathdotcom
SBR Posting Legend
03-24-08
11689
#104
I sincerely apologize for asking that you back up your statements with facts instead of your very best Goodfellas tough guy routine.
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Dark Horse
SBR Posting Legend
12-14-05
13764
#105
US government and its form of 'justice' is fascist. As in corporate fascist. Arrests are not about guilt, but about intimidation and squashing out competition. Check out the story of Kim Dotcom and Mega Upload for a good recent example. The guy lives in New Zealand, deals with the same copyright stuff, in the same way or better, as Youtube, but is arrested as the world's number one pirate, and his billion dollar business taken offline. Reason? He wasn't part of 'the club'. This government is corrupt to the core on both sides of the aisle. Bottomline is that the government doesn't own the internet, and the government can't tell us where to spend our money. Only a totalitarian regime would try to convince us that it can take these basic freedoms from us, and use law enforcement to intimidate us into compliance with its corrupt ways. It will only get worse until the people finally decide that enough is enough. If someone spends money offshore that's money laundering? lol We can't decide for ourselves if we should gamble or not? You can't spend your money offshore, but if you want to spill your blood in some godforsaken desert for the good of your country big oil, by all means, go right ahead. Once you come back from your heroic duty, be ready to be tagged right away as prime suspect for terrorist (not kidding). Criminals are in charge. But hey, Monday Night Football takes away the pain. Right?