19th of October 2011 Author: Johnny Karp
Once best known operator fades away
The case of demise of once much favored operator BetOnSports seems to be getting a closure with its founder Gary Kaplan being released after serving his one year prison sentence in St. Louis.
In addition, reports arrived that the company's chief executive officer, David Carruthers, was also released recently after a prolonged period under house arrest in St Louis.
The ruin of the once major online gambling company began with a pre-UIGEA enforcement action in which Carruthers was detained whilst transiting the United States on a business trip, whilst Kaplan was arrested in Dominican Republic by the Federal Bureau of Investigation, using charges that included RICO and money laundering indictments.
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