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. |