Las Vegas sportsbook operator CG Technology, the sports betting affiliate branch
of financial firm Cantor Fitzgerald, has agreed to pay $22.
Tyler Austin Jersey .5 million to the U.S.
government for its role in an illegal gambling and money laundering scheme,
authorities announced Monday.The settlement is the result a multipronged
investigation that began in January 2013 and included U.S. attorneys in New York
and Nevada, the U.S. Postal Service, the Internal Revenue Service and the New
York City Police Department.Investigators said the scheme involved an illegal
gambling and bookmaking operation, identified by authorities as the Jersey Boys.
The group included a Florida bettor who owned a pick-selling service, an
offshore sportsbook located in Costa Rica and executives at CG Technologys
Nevada sportsbook.CG Technology operates the sportsbooks at the M Resort,
Cosmopolitan, Venetian, Palms and Tropicana, among others, in Las Vegas.The Wall
Street Journal first reported the settlement, which is a nonprosecution
agreement that requires CG Technology to pay $16.5 million to the U.S. attorney
offices in New York and Nevada and an additional $6 million to the Treasury
Departments Financial Crimes Enforcement.According to the statement of facts
released by the Justice Department along with the settlement, from 2009 through
2012, CG Technology, then doing business as Cantor Gaming, knowingly allowed the
Jersey Boys, to place bets at its licensed Nevada sportsbook.Former Cantor
Gaming vice president of risk Mike Colbert previously pleaded guilty to federal
conspiracy charges from the case and faces up to five years
imprisonment.Authorities said Colbert and staff would approach and encourage
associates of the Jersey Boys to take specific sides of games that had attracted
lopsided betting action, allowing the book to lay off some of its risk.
According to the statement of facts, Colbert emailed someone identified as
Cantor Executive No. 1 multiple times about buy back from jersey.Authorities say
that after being informed of a potential $300,000 loss in April 2010, Cantor
Gaming Executive No. 1 sent Colbert an email response: Thats unacceptable mike
this has to stop we have given back out whole year and then some. I dont know
what to say. I will be crucified in NY. We better come up with some
strategy.Authorities did not name Cantor Executive No. 1 in the settlement but
identified the person as president and chief executive officer of the company at
all relevant times, who recently resigned from the company in late August as a
result of a separate action brought by Nevada Gaming Commission.In July, Nevada
gaming regulators fined CG Technology $1.5 million for inaccurate payouts and
forced president and CEO Lee Amaitis to resign.Nevada Gaming Control originally
fined then-Cantor Gaming a record $5.5 million for failing to discover that
Colbert was accepting illegal bets. The $5.5 million, at the time, was the
largest fine in Nevada gaming history.Nevada Gaming Control Board Chairman A.G.
Burnett says his office is reviewing the Justice Department findings released
Monday.As long as everything is within what we already settled with them for in
2014, then there likely wont be any further action by the board, Burnett said.
However, if there is something new, it could be a different story.Authorities
also did not name the Florida bettor but said he or she was the owner of a tout
service that advised clients on how to bet on sporting events. The authorities
also said that on Sept. 7, the bettor pleaded guilty in U.S. district court in
Wisconsin to wire fraud, extortion and interstate travel in aid of
racketeering.Florida betting tout Adam Meyer, a former bettor at CG Technology,
pleaded guilty to extortion and racketeering charges in U.S. district court in
Wisconsin on Sept. 7.CG Technology did not respond to a request for comment.
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Jackson Houck of the Vancouver Giants were each charged with assault causing
bodily harm on Aug. 18, according to the B.C. court services.
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at 19:56 of the second period of the Kings 4-2 road win over Edmonton on Sunday.
Nolan punched Oilers forward Jesse Joensuu in the jaw in front of the Kings goal
during a scrum.
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. It might not have mattered. While the Dodgers are preparing for the playoffs,
the Padres showed their future has promise behind two rookies. BOSTON -- As the
Stanley Cup glimmered in the foyer of Boston College High School on Wednesday
afternoon, ?Pittsburgh Penguins coach Mike Sullivan stood a few steps away,
signing autographs and taking pictures with former teachers, teammates, youth
hockey players and complete strangers.A former student-athlete at BC High,
Sullivan, now 48, brought the Stanley Cup to his old school on the first stop of
his two-day tour with hockeys sacred chalice. Sitting in the corner, sporting a
Penguins Stanley Cup championship hat, was Sullivans 79-year-old father, George.
As he watched as his son become the center of attention (next to the Stanley
Cup, of course), George quietly savored every moment of it.Its a dream come true
-- unbelievable, George Sullivan said. I still keep pinching myself to make sure
its real. Ive been his biggest fan all his life and I couldnt understand how he
wasnt a head coach someplace. Finally, it worked out for him. Hes a hard-working
kid. He got what he deserved.Mike Sullivans mother, Myrna, passed away last
year. But his dad, wife Kate, and the couples three children -- Kaitlin, Kiley
and Matthew -- have enjoyed this ride as a family. In fact, Sullivan says he has
two families. He has one on the ice and one off the ice. Hes been celebrating
the championship with both this summer.When Sullivan and his wife of 25 years
started planning his days with the Cup, the couple wanted to share it with those
who have helped mold Sullivans career as a player and coach. A few minutes after
Sullivan carried the Stanley Cup into his former high school, he met with a few
members of the current hockey team at BC High, including Eagles coach John
Flaherty. Sullivans message to the team was meant to inspire the next generation
of players, coaches or maybe even front-office personnel.Hes a great speaker.
Hes a great motivator. He shares his wisdom with all ages, Flaherty said.
Selfishly, I wanted my guys to hear from him just because I know what he said to
them is going to be great. His message was about appreciating BC High and how
the further you get away from BC High, the more you appreciate it. As hockey
players, they can also look at a guy like Mike who was once in their shoes and
played hockey in this program. And now look where he is.After ending their visit
at BC High with a group picture on the steps of the school, Sullivan and his
father escorted a convoy of vehicles across the city to Boston University, where
Sullivan starred for four seasons from 1986-90.There, the Cup was placed on a
table, and BU season-ticket holders lined up to have their pictures taken with
it. And once again, George Sullivan sat off to the side and took it all in. Its
been a great ride, he said.While the Penguins were in the midst of their Stanley
Cup run, former teammates and youth coaches at different levels sent Sullivan
texts and notes to wish him and his team good luck. He, his fellow coaches and
his players were playing for those who had helped them reach that point in their
careers. And now, sharing in that championship celebration is a token way to pay
them back, especially his family members.People who arent associated with pro
sports probably dont realize the sacrifices that families make so that guys like
myself can chase their dreams, Sullivan said. Families go through a lot of
emotional highs and lows during the course of a playing career, or a coaching
career, and my family is no different. My wife has been the rock for our family
through a very competitive, emotional roller-coaster career, whether as a
player, or now as a coach. To have the opportunity to share this with my wife
and kids -- and my dad, who has been with me from Day 1 and was my first coach
and now probably one of my biggest fans -- ?is a great thrill.When Sullivan took
over as head coach on Dec. 12, the Penguins were struggling and on the cusp of
sliding out of playoff contention. He held a meeting with the entire team and
then had a separate sit-down with the leadership core, including captain Sidney
Crosby, Evgeni Malkin, Phil Kessel, Kris Letang and Marc-Andre Fleury. The new
coach made it quite clear how he wanted the Penguins to play and what he
expected from each player on a daily basis.The transformation didnt occur
overnight, but the players eventually bought into Sullivans philosophy and the
team found an identity. It became a family.You dont win champioonships without
character people.
Brewers Jerseys 2020. . And with our team,
our players, we have an abundance [of them] in our dressing room, Sullivan said
on Wednesday. It starts with our captain. I cant say enough about Sid and what
he did for our group. But it doesnt stop there. Our team became a team in a true
sense of the word; everybody made contributions to help this group win a
championship, and that might be the most rewarding thing for the coaching
staff.Matt Sullivan couldnt join the rest of his family for the Penguins
celebration and parade in Pittsburgh because he has an internship with Lincoln
Financial Group in Hartford, Conn., and he figured it was more important to
work. It was a reflection of the type of dedication that his parents instilled
in him at a young age. Its the same type of work ethic Sullivan expected from
his players.Thats something I learned from him growing up is that work ethic is,
bar none, the most important thing, said Matt Sullivan, who is a senior at
Bowdoin College. I had a chance to go and hang out with the Stanley Cup in
Pittsburgh or get some experience with my internship. It was a hard choice, ?but
thankfully theyre letting me come hang with it for a few days, which is
awesome.On Wednesday, when the Stanley Cup arrived at BU, Sullivans good friend
and former college teammate David Quinn, who is the Terriers current head coach,
met the family at the Zamboni entrance of Agganis Arena and escorted the party
to a second-floor suite. Many in the crowd of nearly 500 people took turns over
the next two hours stepping up onto a small stage and having their picture taken
with the Cup. Sullivan stood close by with his family and greeted everyone with
a smile when he was asked for an autograph or picture.In coaching, obviously Xs
and Os are important, Quinn said. But its all people skills and how you manage
people, and Mike knows how to deal with people. He knows how to make hard
decisions and how to handle them in the right way, which is the key to this
profession. We always have to make tough decisions and tell people things they
dont want to hear, but its the way you go about doing it that will allow you to
have success. And nobody does that better than Mike.That skill helped him
develop that team identity and a sense of family with the Penguins.Without
question, Quinn said. When you have that approach, and you deal with people the
way he does, you saw that come together in Pittsburgh this year. Leadership is
about one thing: Whoever you are leading, they have to know that you care about
them. Once they know you care about them, they trust you. The players in
Pittsburgh realized Mike cares about them and once he had that, they started
trusting him -- and the proofs in the pudding.After his trip to BU, Sullivan
brought the Cup to his home course at Marshfield Country Club, before heading
home for a private family celebration. On Thursday, hes taking it to a local
cancer center and his local church.If I can brighten the day of someone who may
be having a difficult time, its worth it, Sullivan said. These next couple of
days are going to be a huge thrill. Im going to try to embrace every moment with
it. It never gets old.This has been the shortest offseason of Sullivans pro
hockey career -- not that hes complaining. In addition to preparing for the
2016-17 season with the Penguins, he will also serve as an assistant coach for
Team USA during the World Cup of Hockey next month in Toronto.He has also spent
part of the summer in organizational meetings discussing what the Penguins need
to do to defend their title.Where do we go from here? How do we challenge this
group to repeat? Sullivan said. Its a very difficult task, and the history of
the league shows it. So we know the challenges were faced with moving forward,
and its our responsibility to meet those challenges and try to inspire this
group again so that we can hopefully compete for the Stanley Cup championship
next year.Well, theres one person Sullivan doesnt have to convince -- his
father.Before the doors opened at Agganis Arena Wednesday afternoon, George
Sullivan walked up to the Stanley Cup, with the Boston University backdrop
behind him, and took a picture alongside his son.Lets bring it back next year,
George said. ' ' '