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Finnish family face prison sentences over 250k stolen from online casino

Setelirahaa Over the course of about a month he exploited the bug to transfer a total of more than 252,000 euros of the casino's funds to his bank accounts. Prosecutors claim the defendant had the casino send the refunds to his bank account 417 times between April and May 2017. The young man's father and mother also face charges of money laundering in the case, with the father accused of aggravated money laundering. An employee of the casino discovered the scam in July 2017. Prosecutor: Stolen money in parents' accounts The father allegedly had 14,000 euros of the stolen money in his personal bank account.

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Sports Betting Makes Sense While Online Gambling Makes Dollars

It’s a number that isn’t going to make a significant dent in New Jersey’s $37.4 billion budget. It’s true the state’s legal sports betting industry is just getting off the ground, and doing so in a traditionally dead time for sports. After all, the NFL and NBA seasons don’t get going until the fall. But, it may still be awhile until sports betting even approaches online casino. The New Jersey online gambling industry set a new record in July , generating close to $26 million in revenue. There’s every reason to believe it will continue to post similar numbers going forward. In fact, July represented the 17th straight month NJ online casino and poker sites generated $20 million in revenue. The state’s tax rate on online gambling revenue amounts to about 17.5 percent. Therefore, New Jersey’s cut in July was close to $4.55 million.

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