Busted, 2 men with ties to poker community, busted for gambling ring
Busted Two men with close ties to the poker community have been arrested for their involvement in an illegal sports betting ring that has captivated the online gambling world this week. Steve Diano
Former Full Tilt Poker Red Pro Paul Sexton, 29, and World Series of Poker regular Steve Diano, 48, are among 25 people being variously charged with promoting gambling, money laundering and conspiracy. They each face up to 25 years in prison if convicted. According to the indictment, Sexton acted as an agent/money collector in the multi-million dollar sports betting operation between April 13, 2011 and Oct. 18, 2012. The enterprise, dubbed World Wide Wagers, is accused of illegally accepting more than $50 million in bets on horse races, pro and college football, basketball, hockey and baseball during that time span. Diano allegedly served as Bookmaker and was charged with enterprise corruption, money laundering, and conspiracy. A regular at the World Series of Poker during the past decade, Diano has nearly $240,000 in live poker tournament cashes, including a pair of WSOP final tables. One of those final tables, shown on ESPN in 2005, also featured Paul Sexton's father, Keith. Small world. According to the indictment, the illegal gambling charges involve Pinnacle Sports, an offshore online gambling website that exited the U.S. market in 2007. The ring allegedly used nontraditional “wire rooms” such as PinnacleSports.com whereby bettors and agents could place sports wagers.
Paul Sexton always seemed a little suspect as a red pro at Fulltilt. I never saw him playing higher than 8-16 fixed stud and his accomplishments and reputation in the poker community are insignificant. I think he made a generic video for Fulltilt on stud which only reinforced this.