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Two get prison for running gambling ring in Atlantic City

 The two leaders of an illegal gambling ring operating from the high-stakes poker room at the Borgata casino in Atlantic City have received stiff prison sentences. Jack Buscemi Jr., 51, and Andrew Micali, 33, were both sentenced to up to 5 years in prison, after pleading guilty last year to conspiracy to commit money laundering and loan sharking respectively. Six other co-defendants were sentenced to probation for their participation in the gambling enterprise.

 The illegal gambling ring operated from the high-stakes poker room at the AC casino, were the defendants would approach casino patrons with sports betting offers. According to the case documents, the illegal gambling ring took over $60 million in bets for the 20 months they were under investigation, which netted over $2 million in profits for the tow leaders alone. Authorities also said that the two main defendants processed the sports bets through offshore bookmaking establishments right from the casino's hotel rooms.

 Published on 02/28/2009

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