Internet Gambling Site Shutting Down U.S. Operation

Summary


LONDON - The Internet gambling company BetOnSports PLC announced today that it is shutting down its United States-focused operations because of a U.S. federal indictment restraining its operations.

The decision followed the July 17 arrest of BetOnSports' former chief executive, David Carruthers, at a Texas airport and the unveiling of a 22-count indictment in St. Louis alleging fraud and racketeering against BetOnSports.

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Extract


Internet Gambling Site Shutting Down U.S. Operation

The company took bets from tens of thousands of Ame...

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