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  • Founder of Bodog Indicted

    Wednesday, February 29th, 2012 by Ryan

The massive online gambling site Bodog has had one heck of a week so far, and it’s only Wednesday. First off, they saw their original domain name Bodog.com get seized by the United States Department of Homeland Security, and then things only got worse today. It was reported that the United States District Court for the District of Maryland has officially indicted Calvin Ayre, who is the founder of the well-known site Bodog. There were three other men indicted with him as well under the same charges, which include money laundering, and operating an illegal gambling business as well. This comes as a shock to almost everyone in the online poker world, especially since Bill Beatty, from CalvinAyre.com, addressed this the topic of Bodog’s domain name being seized, and really didn’t seemed concerned at all about it!

According to the Maryland and United States laws, it says that count one against Ayre, David Ferguson, Derrick Maloney, and James Philip is that they “knowingly and unlawfully conduct, finance, manage, supervise, direct, and own all or part of” an online sports betting business. This was the first thing that they are being hit with, and the second states that the four men who were all a part of the site which was seized, Bodog.com, transmitted funds from places that were located outside of the United States to different advertisers, customers, and other media resellers inside of the US. They also stated that the four men had the intent to promote the unlawful activity as well, and the activity in this case is considered a gambling business, which is indeed considered illegal.

The two payment processors who are mentioned as the ones that Bodog used in order to get any withdrawals from United States players to them are ZipPayments Inc. and JBL Services Inc. Throughout the time that these two companies worked with Bodog they apparently processed an incredible amount of transactions, as the numbers that were mentioned said that ZipPayments sent over $57 million, while JBL Services processed over $43 million for the site.

One major newspaper in the area gave a bit more information on the topic which included the fact that investigators in the case didn’t do this on their own, as they also had a hand from someone who used to be on the inside of the company. According to the newspaper, the Baltimore Sun, the ex-employee also gave the site details about the structure behind the company and information about the operations behind it in Canada and Costa Rica as well.

The indictment on these four men not only hit them for these two charges, but also is looking for the “forfeiture of all property and proceeds” which were earned from the offenses that the men are being charged for.

It will be interesting to see what the outcome of this situation is, but it’s one that definitely has the interest of more than a few people not only in the United States but all across the world. Bodog was one of the most popular online gambling sites in the world, and this obvious adds a twist to the aftermath of Black Friday in the online poker world as well.

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