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How a Bookie Brought Down a Las Vegas Executive + more!

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This Week at a Glance

• One Article

• One Tweet

• One Bet

One Article

"$120,000 Cash and VIP Access: How a Bookie Brought Down a Las Vegas Executive”

This article from WSJ tells the story about the President of the Cosmopolitan Hotel in Vegas and how he has pleaded guilty to violating the anti-money-laundering rules. Scott Sibella, the ex-Cosmo-president, treated a known bookie as a high-roller and accepted a $120,000 cash payment to pay off gambling debts without marking it as a suspicious transaction - even though Sibella knew the bookie ran an illegal betting operation.

The full article can be found here.

One Tweet

This Tweet from @DoerflerJared explains the details released behind the Iowa and Iowa State student-athletes gambling scandal. Jared explains how they illegally spied on the students and how it resulted into a case for the government.

One Bet

Lions +7.5 (-115)

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