Bodog Founder Accused of Running Illegal Online Gambling Business

Bodog online casino founder Calvin Ayre, and three other Canadians, were recently accused of illegally operating an online gambling business and for scheming to take part in money laundering.   The four individuals were charged by Baltimore federal prosecutors.

The indictment against the four Canadians is a six paged document that was signed by US Baltimore attorney, Rod Rosenstein.  It states that Ayre and the other individuals knowingly violated Baltimore’s online gambling law for nearly seven years, from June 2005to January 2012, by running an online gambling business in Maryland, where online gambling is illegal.

The indictment goes on in further detail about how money laundering took place in order for Bodog to receive funds for US players and then pay these players back.  It is estimated that the amount of winnings that was paid with check payments and by wire totals to a minimum of $100 million.

Ayre has said that the indictment will have no effect on his other global businesses that have nothing to do with the USA.