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This is our Bookmakers news section where we provide any news items that might have a significant effect on the matches being played - or sports betting in general.

Bookmakers News :: Nevada and New York bookmaking arrests - how are PinnacleSports involved?

Posted on 2012-10-26 by Gooner

Online gambling forums have been buzzing in the last 24 hours after a Nevada Sportsbook director was arrested, and mention of top online sportsbook PinnacleSports.com has subsequently been made in reports.

Well known industry figure Mike Colbert was arrested Wednesday in Las Vegas by state gaming agents in connection with a warrant filed by the district attorney in Queens County, N.Y. and he is a sports book director at Cantor Gaming.

Cantor Gaming has leased space in seven Las Vegas-area casinos - M Resort, Cosmopolitan of Las Vegas, The Venetian, Palazzo, Tropicana, Hard Rock and Palms - where it operates race and sports books - but legal sources say that this arrest has nothing to do with Cantor Gaming's activities.

Instead, it appears that stories are circulating that law enforcement officials are trying to tie Colbert and seven other men arrested in Las Vegas on New York warrants as acting as agents for bookmaking activity associated with an operation dubbed "World Wide Wagers".

Read the full post on the daily Gooners Gambling blog ...

Sourced From : Gooners Guide to Gambling

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