Gary Kaplan, the founder of the now-defunct Internet gambling company BetOnSports, pleaded guilty to conspiracy and racketeering charges. Posted on August 15, 2009 by admin “He agreed to serve 41 to 51 months in prison and forfeit $43.65 million, according to a Justice Department statement.” Related PostsThe US futures exchanges should not control clearing.The Los Angeles Times would legalize BetFair and TradeSports-InTrade.US DOJ searches financial records for traces of internet gambling and betting.