Three Indicted On Togel Singapore Gambling and Money Laudering Charges
May 10, 2021
GREENBELT, Md. — Three family members were indicted Wednesday in U.S. District Court for allegedly running a gambling business out of Montgomery County.
Herbert Meyers, 60, of Potomac, Md.; his brother-in-law Robert Levine, 69, of Montgomery Village; and Levine’s son, Steven Levine, 45, of Montgomery Village, were all charged with conducting an illegal gambling business and conspiracy. Robert Levine and Meyers were also indicted for money laundering.
Meyers’ brother, Howard Meyers, was also indicted in February on gambling charges.
Federal prosecutors say that between March 2001 and January 2004, the three took bets on football games, basketball games and other sports. They advertised by word of mouth and pamphlets, establishing a toll-free number that took in more than 50,000 calls in a seven month period between 2002 and 2003.
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Payoffs to winning bettors and collections from losers were made throughout the Washington and Baltimore area, at places that include Camden Yards, restaurants and a beer and wine store in Rockville.
In 2001 and 2002, Robert Levine allegedly deposited $277,000 into his bank account and transferred $146,000 to an offshore account. Togel Singapore Authorities hope to seize $570,000 in cash and property from Levine.
The gambling and conspiracy charges each carry a maximum penalty of five years in prison while money laundering is punishable by up to 20 years in prison.
Online Gambling firm brushes off US legal concerns
Online gaming firm 888 has said it is confident US politicians will ultimately reject a bill that proposes a tough clampdown on the sector.
On Wednesday, a committee in the US House of Representatives approved a bill to stop firms like 888 accepting credit cards or other types of payment.
“We feel confident it won’t get through the next stages, and we’ll be okay,” said 888 chief executive John Anderson.
His comments came as 888 reported a 16% rise in annual profits on Thursday.
For the year to 31 December, its pre-tax profits totalled $50.2m.
Gambling is illegal in many parts of the US, but internet gaming firms like 888 have millions of US customers, because they are based offshore in countries that allow gambling and are out of reach of US laws.
The bill would make it illegal to accept payments from people who live where federal or state law prohibits wagering, and thus include gambling sites based overseas. It has now moved to the House floor for consideration.
Despite 888’s confidence the bill won’t be passed, its possibility has seen the firm diversify away from the US market.
However, the US still makes up 55% of its customer base, with 20% of its punters coming from the UK.
“To rely on one country too much is not good, and without reducing volumes, I’d like to get the percentage we’re taking from the US down to 20 to 30% as soon as we can,” Mr Anderson said.
He added that the company had diversified its range of gaming products and geographic locations, making 888 well prepared for the “inevitable” consolidation in the industry.