Tag Archives: michael colbert
- CG Technology settles for $5.5 million with Nevada regulators
January 14, 2014
Not even a name change can expunge the wrath of the Nevada Gaming Control Board. CG Technology, formerly Cantor Gaming, found that out the hard way after the company agreed to settle with state regulators to the tune of $5.5 million, more than double than the initial $2+ million that...
- Cantor Gaming rebrands as Nevada prepares to slap company with $2m+ fine
January 8, 2014
Nevada-based sports betting operator Cantor Gaming has reportedly reached a tentative settlement with Nevada regulators, who have been investigating how much the company knew about the illegal gambling activities of former VP and risk management director Michael Colbert. Colbert was among the 25 individuals charged by federal authorities in October...
- Cantor Gaming boss Lee Amaitis under federal investigation?
October 3, 2013
Cantor Gaming boss Lee Amaitis (pictured) may be caught up in the investigation that led to the company’s former VP of risk Mike Colbert pleading guilty last month to accepting illegal wagers. Colbert was one of 25 individuals indicted last October in an operation targeting Curaçao-licensed online sportsbook Pinnacle Sports....
- DA drops illegal betting charges against Mike Colbert; Legends Sports figure fined
October 1, 2013
[UPDATE: The dismissed charges were those filed by the Queens County, New York district attorney. In exchange for dropping those charges, Colbert agreed to plead guilty to a single conspiracy charge in federal court.] New York authorities have dropped illegal sports betting charges filed last October against former Cantor Gaming...
- Colbert enters not guilty plea
November 9, 2012
Former Cantor Gaming sportsbook director Michael Colbert will plead not guilty at his initial court hearing in New York later this month. The Las Vegas Review-Journal reports that Colbert will enter the plea in a case that sees him up on four charges of alleged illegal bookmaking. Colbert didn’t speak...
- Cantor Gaming fires Colbert; First court appearance in Nevada; Pinnacle distances itself from indictment
October 30, 2012
Cantor Gaming has fired its sportsbook director Michael Colbert as he continues to be investigated as part of an illegal sports betting case being brought by the District Attorney in Queens County, NY. Las Vegas Review-Journal carried a statement from Robert Hubbell, a spokesperson for Cantor, which stated Colbert was...
Charges dropped against Calvin Ayre, Bodog and friends
July 14, 2017
US says North Korea culprit behind Bangladeshi bank heist
March 23, 2017