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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.
Look - I focus on golf. And I need to stay in my lane.
But I need to share what's going on in the great state of Iowa.
• Iowa & Iowa State athletes were charged in a sports gambling probe last summer.
• It came out today that the Iowa DCI illegally placed a Geofence around… twitter.com/i/web/status/1…
— Jared Doerfler (@DoerflerJared)
12:51 AM • Jan 23, 2024
One Bet
Lions +7.5 (-115)
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