Bodog Founder, Others Indicted Over Gambling Business

Law360, New York (February 28, 2012, 10:29 PM EST) -- A Maryland grand jury has indicted media and digital entertainment company Bodog Entertainment Group SA and its Canadian operators, including founder and billionaire Calvin Ayre, for allegedly conducting an illegal sports gambling business that sent at least $100 million to people in the U.S., the Department of Justice announced Tuesday.

The indictment, which was returned Feb. 22 and unsealed Tuesday, alleges that Ayre, James Philip, David Ferguson and Derrick Maloney illegally ran an online gaming business including online sports betting from at least June 2005 to...
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