Three of those arrested were owners of the online gambling site Pinnacle Sports.
“Regarding the recent allegations surrounding the individuals allegedly affiliated with Pinnacle Sports, please be reassured that no Pinnacle Sports employees have been arrested or charged, and Pinnacle Sports itself was not charged in the indictment,” read a statement released by Pinnacle. “We expect no interruptions to our day to day business activities at this time.”
According to authorities, gamblers placed bets through at several websites and over the phone. The ring then used dummy accounts to hide the flow of money and couriers to transport cash profits to and from Panama and Costa Rica.
The other individuals who were indicted in the case include men who allegedly worked as bookmakers or money handlers throughout the country and a manager of the legal sports betting operation at the M Resort Spa Casino in Nevada.