Origins of an Illegal Gambling Empire At this point the BetonSports saga is well-known in the online casino, internet gambling, and sportsbooking industries as a whole. An as the ex-CEO of the booking company still awaits trial in the United States, most were expecting the full story in the coning years. But surprisingly, the online casinos industry and public as a whole will not have to wait that long for the inside scoop. BetonSports, and particularly the ex-CEO, David Carruthers, are just one of the many companies/individuals suffering backlash from the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA).
BetonSports operated out of Costa Rica since it was founded several years ago by Gary Kaplan. For this reason the company and executives felt that the U.S. laws concerning the illegality of remote gambling, whether they concern online casinos or sportsbooking, couldn’t touch them. But as the U.S. Department of Justice began heavily investigating many companies related to internet gambling and suspected of violating the online casino ban, BetonSports jumped to the forefront of the investigation.
Allegations against BoS all center on internet gambling related charges – like many other companies, once the UIGEA took effect, BoS continued to service the American market. And according to an insider at the online casino sportsbooking agency, the company marketing plan was intentionally deceitful.
All of the nitty-gritty details are available in the e-book, “The Rise and Fall of BetonSports.” The BoS insider wisely uses a pseudonym to author the book that goes into the online casinos sportsbooking company’s many questionable decisions and actions. The book is only available in e-book form, and through the Lulu.com Web site. Interestingly, the author chose the pseudonym Hacksaw Harry.
Lulu.com offers this summary of Harry’s e-book: An inside look at the online casino gaming industry with specific focus about BetOnSports.com through the eyes of a former executive consultant who shares details about sex, drugs, gambling, illicit activities, and good laughs. Read up on how the controlled madness of one of the original giants of the online gaming industry mixed in with a little bit of insanity and poor decisions led to the demise."
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