Saturday, October 24, 2009

Half-Billion Dollar Queens Sports Betting Ring Busted

From 1010WINS:

New York authorities said Wednesday they busted a lucrative offshore sports betting operation with links to the mob that took in a "staggering" half-billion dollars in wagers.

Thirty people and a corporation have been indicted in Queens in connection with the illegal enterprise that stretched across the country, authorities said.

The betting ring collected more than $567 million in a 28-month period and accepted wagers on many sports including football, basketball and hockey.

Queens District Attorney Richard Brown said in a statement the investigation uncovered evidence the betting operation had links to the Gambino and Genovese crime families. He said the gambling operation generated on average more than $20 million a month.


Anonymous said...

Italian criminals who have never changed their ways since the 1900's. Diveristy, how wonderful.

Gary the Agnostic said...

The article makes no mention of the ethnicity of the people who were arrested...