Home Gambling 6 Scandals that Rocked the Online Gambling Industry – 2020 Guide

6 Scandals that Rocked the Online Gambling Industry – 2020 Guide

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Nowadays, online gambling is a trending topic across the globe. People are betting and winning a lot of amounts while sitting at their homes. According to many people, it is a game of luck or skills. Therefore, anyone lucky enough to bet on any game, in which he is sure that he will win the money, then he will bet. In the online world, many people also exist who try to cheat or steal money from the poker world.

In the following write-up, we will discuss various scandals that have shocked the entire gambling industry. Many popular online casinos, likeĀ NJcasinoo, etc., are aware of these scandals, and there are strict guidelines to ensure security. It is necessary to know about these scandals to determine how one can manage to steal the entire money of the casino. Some end up in jail, while some are free and out of sight. Let us get started.

1. Basketball Betting Scandal of Boston college

Source: stamfordadvocate.com

It is a popular case in 1978-1979, in which it is found that there was a betting cartel, that fixed basketball games to increase its winnings. The masterminds found in the investigation were the Perla brothers, who aimed to hire associates to manage all the operations. Henry Hill was one of the associates, to whom they were unfamiliar.

He was the one who was playing hard enough to get the entire money to his way. After knowing all these things, Henry was then arrested with charges of drug trafficking. He was in prison for a very long time. He informed about the betting syndicate to get free out of jail. The cartel was then disclosed in front of the authorities. And every member got charged with bribe and got imprisonment for around 4 to 12 years.

2. Baseball Player, Pete Rose

Source: britannica.com

Pete Rose was a fantastic player as well as a manager in the baseball team, Cincinnati Reds. He had so many fans across the globe, but one day, everything got devastated in his life. It was found that he was involved in betting, in which he played. The authorities claimed that he was found guilty. He was a decorated player, and later, he denied that he was not involved in placing any types of bets in his games.

When it was found that he had no relations with the betting world, till then, he lost all his fanbase, and his career was ended entirely. In this way, the name of Pete Rose got devasted from the history of baseball. He then got involved in the list of betting scandals.

3. Nevada Gaming Programmer, Ron Harris

Source: legitgamblingsites.com

Ron or Ronald Harris was a popular name in the list of online betting scandal. He was a gaming programmer who was appointed by the Nevada Gaming Board to fix all the issues they were getting in slot machines. Ron found that all the machines were in need to get reprogrammed. So, he did but in terms of getting profits for himself. He replaced the chips of the machine so that he can handle all the operations along with jackpots and other game statistics.

He took help from Reid McNeal to get the jackpot price in an Atlanta casino. After a long investigation, Ron was found guilty. He got imprisonment for around seven years. But he was released by the jail after two years. The authorities found all the mishappening occurring in the slot machines, and this is how he was investigated. Ronald is one of the top-listed scandal persons in the online gambling industry.

4. Slot Machine Owner, Louis Colavecchio

Source; nytimes.com

The man, Louis Colavecchio, was the manufacturer of slot machines. He created the ones that were similar to the machines available in casinos. He did something to handle all the operations in the machines. In this way, he earned a lot of money from various casinos. Slowly and steadily, the authorities found that the entire money was going in a single direction or a specific inventory.

After that, the investigation started, and Louis was found guilty. All his tools and machines got sealed along with his storage facilities. His slot machines were replaced in different casinos, and the entire winning amount was also found in his accounts.

5. Black Friday Scandal

Source: thisismoney.co.uk

In this scandal, there were three US online gambling websites found guilty of many accusations. Those three websites are PokerStars, Absolute Poker, and Full Tilt Poker. The bank fraud was found with violation charges against the UIGEA act. The operators were handling illegal gambling activities through their digital platforms. There were 11 descendants, and all got imprisonment for many years.

6. MIT Blackjack Group

Source: bestuscasinos.org

The biggest and famous team that stole money from the gambling industry is the MIT Blackjack team. It was a group of casino criminals, which was known to be a very careful, clever, and organized team, which handled all the operations in casinos with complete care. The group included many students from MIT school and were all blessed with genius minds.

They used scientific and logical tactics to defeat the gambling system and stole a lot of money out of it. In the 1990s, all the casinos understood the moves of the team about stealing their money. After that, the team did not get the authority to get involved in various casinos. Later, the team got gradually declined and crumpled.

The Bottom Line

The online gambling industry is also full of criminals, in which many people have tried to earn a lot of money by fooling the world. No doubt, all were genius minds in the cases, as mentioned earlier. But still, the casino operators and authorities managed to find these scandals and send those people to imprisonment. These people have shocked the entire online gambling industry, which makes other participants more cautious about their activities.

These frauds are special examples of criminals who had violated the rules and make money out of it. Any violation in the casino industry is not tolerated, and therefore, it is advisable to play and win honestly. The list of criminals is getting longer with time because many people are still involved in different frauds.

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