Bookmaker Embroiled in Scandal Pleads Guilty
A bookmaker from Southern California has admitted to running an illegal gambling operation that accepted bets from Ippei Mizuhara, the former interpreter for baseball star Shohei Ohtani, according to U.S. authorities. Matthew Bauer's operation functioned in both Southern California and Las Vegas for at least five years, taking bets from a range of clients, including Mizuhara, who was known for his association with the Los Angeles Dodgers player.
Bauer has pleaded guilty to charges of operating an illegal gambling business, money laundering, and filing a false tax return, with a formal plea expected on August 9. His attorney, Diane Bass, stated that Bauer is ready to accept responsibility for his actions and is collaborating with federal prosecutors to resolve the case, which included a raid on his residence. Bass also emphasised that "Mr. Bauer never had any direct communication with Shohei Ohtani in person or by phone; his only interaction was with Ippei Mizuhara."
It's important to note that operating an unlicensed bookmaking business is a federal offence in the U.S., and while gambling and sports betting are largely outlawed in California, these activities are permitted in varying capacities in 38 states and the District of Columbia.
Meanwhile, Mizuhara has also pleaded guilty to bank and tax fraud after illicitly obtaining funds from Ohtani’s bank account. According to federal investigators, Mizuhara placed approximately 19,000 bets between September 2021 and January 2024, winning over $142 million, which he transferred to his own account. Ultimately, Mizuhara lost around $183 million, leaving Ohtani’s net loss at nearly $41 million.
2 August 2024, 10:18
Betting
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories