Daily Poker News

Ohio Federal Grand Jury Indicts Stanley W. Combs III on Illegal Poker Gaming Charges

In the United States, most of the discussion about poker has moved towards the future of online poker in the U.S. Meanwhile, land-based casino facilities continue to offer poker table and many illegal poker tournaments are also happening.

A federal grand jury indicted Stanley W. Combs III on May 14th, 2010 on charges related to managing an illegal gaming business and tax fraud. Authorities alleged that Combs was earning his living from illegal poker games. According to the indictment, Colbs, managed poker games for profit, which is not allowed in the state of Ohio.

The four counts of creating false statements on federal income tax returns come from returns that were filed by Combs in 2004 through 2007. If convicted on the illegal gambling charges, Combs could face up to five years in jail. The income tax fraud charges carry a maximum sentence of three years in prison and a fine of $100,000 dollars. Combs could be fined as much as $250,000 dollars from the gambling charges.

Gaming Analyst Steve Schwartz said that as casino gaming has become easily available throughout the United States, authorities have cracked down harder on illegal gaming operations.

Law enforcers view any illegal gambling operations as taking profit away from legal permitted options. In the state of Ohio, voters passed casino gaming for the first time in November 2010. Casino facilities will be constructed in Columbus, Cincinnati, Toledo and Cleveland.

The expected tax revenue from the casino facilities is in millions of dollars early and the casino facilities are also expected to provide new employment opportunities to state residents.

 

07/29/2010, Thursday