Gambling News by House of Odds

Three men were taken to prison this week for refusing to testify in front of a federal grand jury investigating Internet gambling. Federal authorities identified two of the men as Tommy Cascone, a member of a prominent and longtime Kansas City restaurant family, and Dominic Cervello. Officials did not release the name of the third man.

The Spanish online gambling market is a big earner, with over $50 million bets annually. The Government is looking to set up a framework for licensing and regulating sites in order that they comply with EU standards.