SportsMemo.com
Login:
Click to Use Secure Login
Podcast
NOTICE: If you can not view the forum, you may need to log out of SportsMemo.com and log back in to recreate your forum session.
HOMERECAPRADIOFORUMBLOGSLIVE ODDSBESTBETSHANDICAPPERS TWITTERRSS FEEDFACEBOOKEMAIL & CONTACTS
ONLINE GAMBLING BILLIONAIRE CALVIN AYRE PLEADS GUILTY
Views: 394
Posted by Drew Martin
Replies: 0

In what can only be considered a victory for Calvin Ayre, the former online gambling billionaire pleaded guilty on Friday to a misdemeanor charge, resolving a five-year criminal case in which federal prosecutors pursued felony charges against Ayre and the company he founded, Bodog Entertainment Group.

According to a criminal information filed in federal court in Baltimore, Ayre admitted to an accessory after the fact charge related to the transmission of gambling information in violation of the federal Wire Act. At the same time, federal prosecutors dropped the felony charges they had filed against Ayre, Bodog and three other Canadian men.

Ayre, 56, pleaded guilty to the misdemeanor charge today by telephone from his lawyers office in Vancouver, participating in a hearing that took place in Baltimores federal court. A Canadian citizen, Ayre never came to the U.S. to face the charges filed against him. In addition, Ayre reacquired the domain name for Bodog that had been seized by federal prosecutors as part of the criminal case through a payment of $100,000.

Judge Catherine Blake sentenced Ayre to one year of unsupervised probation and a $500,000 fine. Ayre also agreed not to make any claim against $66 million that had mostly belonged to U.S.-based gamblers and had been previously seized by federal prosecutors from payment processors in a forfeiture proceeding related to the case. "Ayre personally ensured that any Bodog brand player was made whole," according to a court document filed by federal prosecutors.

Mr. Ayre is pleased with the outcome of this case. He is even more pleased that this five-year ordeal is finally over for him and for the others who were charged

https://www.forbes.com/sites/nathanvardi/2017/07/14/former-o nline-gambling-billionaire-calvin-ayre-pleads-guilty-to-misd emeanor-charge/#1430388253e3

 
MLB
Current Blog Topics
Current Blog Topics
SportsMemo Ads
Discussion Forum
-------------------------------------
Post SubjectTime    Last Poster
Players unions concerned ab...08:41    Drew Martin
LeBron means about 25 perce...08:11    Drew Martin
James Paxton exits start wi...08:50    Drew Martin
MLB Free Bet from Teddy Covers11:06    Drew Martin
CFL Podcast11:00    Drew Martin
Sarkisian gets nothing in $...12:19    Drew Martin

-------------------------------------
Current Blog
-------------------------------------

-------------------------------------
-----------SportsMemo-----------





Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Ian Cameron, and Drew Martin. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at Sportsmemo.com.  Missed the Sportsmemo Podcast?  Past shows are available on Sportsmemo.com's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   Jul 16, 2018 12:49 PM.