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Kaplan's Full Sentence

The United States government has been aggressively pursuing the BetonSports online casino case for more than three years now and it has finally closed one chapter of the case with a plea agreement and a guilty plea from the founder of the now de-bunk company, Gary Kaplan. Kaplan has been in jail for more than two and a half years as this case processed through and the only reason he has finally gotten some closure is because of a plea agreement entered into with the Louisiana officials. BetonSports was forced out of the US online casinos industry way back in 2006 and as the company left the US market it also took more than $20 million from US players who were owed the money from wins or account balances. Kaplan and Carruthers are facing the toughest consequences for the situation but Kaplan was the first of the two to plea out.

Kaplan was arrested and extradited back to the US more than two and a half years ago and has been spending all of the intervening time in jail because he was a high flight risk. The court has sentenced Kaplan to the maximum amount of time possible according to his plea agreement with the courts – he is looking at 51 months in jail, that’s four years and three months for his involvement in the US online casino gambling industry. He has already served two years and seven months of that sentence and it’s up to the prison system whether or not they will count his more than two years in jail as “time served.”

If Kaplan is given time served and then given credit for good behavior on the rest of the time he serves he will have just one more year left in prison before he could potentially be released. In addition to the prison time, Kaplan has agreed to forfeit his profit from the online casino gambling group, nearly $44 million. It is thought that Kaplan has far more than that in other accounts, but that was the plea agreed amount with the state of Louisiana.