Casino Choice UK News Archive


“Money Man” behind billion dollar sportsbetting ring out on bail

New York police last week arrested over 20 people, including a well known poker professional, for involvement in a billion dollar sports betting ring. They confiscated over $500 million worth of property and equipment.

Using the website Playwithal.com, along with some toll free numbers, an amount in the region of $3.3 billion in wagers was collected on football, hockey, horse racing, golf and other sports during a 28 month period.

Monte Weiner, 56, was identified as the alleged money man behind the syndicate, and after being extradited from Las Vegas he stood before a New York Court where he was arraigned on corruption, gambling, money laundering and other charges.

His son, 27-year-old Eric Weiner, was also arrested. He too posted a $1 million bail. Both face up to 25 years in prison.
Submitted: 2006/11/24 at 11:14:16

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