Legal & Regulatory News

Five New Jersey residents, including the principal owner of Beteagle.com, have this week admitted to conspiring with an organized crime family to run an illegal online sports betting operation.

The five men were among thirteen defendants charged with racketeering conspiracy following a complaint unsealed in May 2012.

On Wednesday, Joseph Graziano, the owner of the Beteagle online betting site (which continues to operate under Beteagle.ag), and his employee Dominick Barone, admitted to conspiring with the Genovese organized crime family and pleaded guilty before District Judge Claire Cecchi in Newark federal court to separate informations charging them with one count of racketeering conspiracy.

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