Sportsbook Owner Given 18 Months in Prison

This week the 78 year old owner of Beteagle sportsbook was handed an 18 month prison sentence by Judge Claire C Cecchi, handing a hefty sentence to the man whose site was tied to the mob.

Joseph Graziano was given the sentence by Judge Cechi, and is now the second person tied to the ring to be sentenced to prison. Dominick J Barone was given 18 months in prison last month, and Joseph Lascala (83 years old) is waiting for his sentencing.

As a result of Graziano's deal he struck with prosectors, he will serve three years of probation and a $16,000 fine. Graziano also gave $1 million to the US government in forfeited profit.

The Beteagle sportsbetting website was based out of New Jersey and used a sportsbook in Costa Rica to facilitate bets. The trio of defendants then used local contacts in New Jersey to collect money from punters.

About the author