$45 Million Betting Ring Busted - Wednesday 29th of March 2006

NEW YORK – As reported by the New York Daily News: "With March Madness reaching a fever pitch, Brooklyn authorities yesterday announced the dunking of a $45 million betting ring allegedly run by a team of Chinatown and Gambino mobsters.

"The bust, dubbed Kings Flush 2006 March Madness, netted $300,000 in cash and scores of computers at call centers, Brooklyn District Attorney Charles Hynes said.

"Seven of the men arrested early Saturday are suspected of being soldiers in the Chinese Fukanese street gang. Three more have ties to the Gambino crime family, Hynes said.

"…The investigation, led by detectives in Hynes' office, began in November 2005 and zeroed in on several wirerooms in Brooklyn, Queens and lower Manhattan, where the defendants allegedly took bets phoned in prior to major pro and college sports events.

"The 11 locations, mostly low-rent apartments in residential neighborhoods, typically consisted of phone banks, computers and two or three people taking the calls, investigators said…"

Other news from around the same time

Billion Pound Game: Has the UK Become a Nation of Gamblers? - Tuesday 28th of March 2006

UK As reported by the BBC: "This year's World Cup is going to see a 'seismic increase' in gambling....


Report: MGM Mirage, CapitaLand Lead Singapore Race - Tuesday 28th of March 2006

SINGAPORE As reported by the Dow Jones: "The consortium of MGM Mirage (MGM) and CapitaLand Ltd. (....


Narragansett Casino Referendum Rejected - Tuesday 28th of March 2006

RHODE ISLAND – As reported by the Providence Journal: "The group leading the effort to establish ....


Oklahoma Man Wins Blackjack Competition - Monday 27th of March 2006

GIBRALTAR – 38-year-old Tucker Keelingfrom Bixby, Oklahoma, won the inaugural $250,000 PartyCas....


Russian Gambling Bill Passes First Reading - Monday 27th of March 2006

MOSCOW – As reported by RIA Novosti: "The lower house of parliament passed Friday the first readi....


Oregon Non-Tribal Casino Plan Rejected - Monday 27th of March 2006

OREGON – As reported by the Oregonian: "The state rejected a package of ballot measures Thursday ....


Blackpool Casino Hit with Slot Tax - Monday 27th of March 2006

BLACKPOOL, United Kingdom – A future Blackpool super casino will be hit with an extra £6 milli....


Wakefield Council Bet on Casino - Monday 27th of March 2006

UNITED KINGDOM – As reported by the Wakefield Today: "Wakefield Council's cabinet committee is se....


Town Holds onto Casino Dream - Monday 27th of March 2006

OHIO – As reported by the Massillon Independent: "Lordstown, in the Mahoning Valley, is best know....


Internet Betting Gains Popularity in Vegas - Monday 27th of March 2006

by Liz Benston By Our Partners at the Las Vegas SunLAS VEGAS Before Steve Fezzik put money on toda....