Online Gambling Conference Shuts Down After Arrests
The recent arrest of a online gaming executive seems to have spooked online gaming executives.Has online gambling crapped out? David Carruthers became the latest poster boyor scapegoat, depending on ones perspectivewhen he was arrested in Dallas on charges of racketeering, conspiracy and an illegal online gambling enterprise. While on a layover to Costa Rica, where his company is based, Carruthers, chief executive officer for BetOnSports was arrested and detained on Sunday, forcing the online gambling community to take note. Carruthers arrest seems to have spooked online gaming executives. A major gaming conference, scheduled for next week in Las Vegas, has been cancelled. The Bodog.com Marketing Conference typically attracts gaming professionals from all over the world but as soon as word of Carruthers arrest spread, attendees began canceling.
"No senior executive from a gaming company was going to come after [the arrest] happened," said Calvin Ayre, founder and chief executive officer for Bodog.com.