Founder of Online Gambling Firm Pleads Guilty

The founder of the defunct British online gambling firm BetOnSports pleaded guilty in U.S. court and agreed to forfeit more than $43 million in criminal proceeds, the Justice Department said. It said Gary Kaplan, 50, who founded the high-profile early player in offshore Internet sports gambling, pleaded guilty to charges of conspiring to violate the federal racketeering and other U.S. laws.

  • Read the article: Reuters