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Jul 21, 2006 10:02 am US/Central Online Sports-Betting CEO Still In N. Texas Jail
(AP)FORT WORTH The chief executive of a major online sports-betting operation remained in custody Friday on racketeering and conspiracy charges after his lawyer asked to postpone a bail hearing.
The hearing for the CEO of BetOnSports PLC will be held instead in federal district court in St. Louis. No date was set.
The executive, David Carruthers, was arrested Sunday at Dallas-Fort Worth International Airport as he waited to board a flight to Costa Rica, where the company has a major operation.
Carruthers and 10 others, including the founder of BetOnSports, were named in a 22-count indictment unsealed this week by federal prosecutors in St. Louis. The government says BetOnSports fraudulently took bets from U.S. residents by phone and the Internet, and failed to pay excise taxes.