27 charged over internet gambling

American prosecutors have charged 27 people in connection with an internet gambling ring, estimated to be worth $.3.3 billion. Among those arrested are Major League Baseball scout and a professional poker player.

The gambling ring, which was based in New York, was thought to make $2.5 million a day over a period of 28 months and was carried out through the website Playwithal.com. It is said to be the largest illegal operation of its kind to be busted.

"It rivals casinos for the amount of betting," New York Police Commissioner Raymond Kelly told a news conference. "The magnitude of this really boggles the mind."

The plot was accomplished by using the website as a computerised betting sheet and was run by professional poker player James Giordano. Bets were also taken by telephone. Frank Falzarano, scout of the Washington National and former scout for the San Francisco Giants, was confirmed as the protagonist behind the scheme.

The charges brought against the 27 included enterprise corruption, money laundering, promoting gambling and conspiracy, with millions of cash, rare art, jewellery and four Manhattan condominiums seized in the arrests.

Editor, Jackpot.co.uk - 2006-11-16 11:56:59

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