Being from Dallas now living in Vegas I ran across this article. I guess everything is bigger in Texas.....
But how does it go untouched bye the mob?






A Texas-sized sports betting bust featuring stacks of gold, million-dollar wagers and memorabilia signed by Tiger Woods, Tom Brady and others was revealed Thursday by federal authorities and the Plano police department.

Authorities claim the bookmaking operation handled approximately $5 billion in bets from 2007 to 2011 and raked in $200 million in profits during that span.

Initiated by an anonymous letter to police in 2001, the investigation lasted more than a decade and concluded with 18 defendants copping to gambling-related charges. Albert Sydney Reed, a 57-year-old Southlake man, was allegedly the leader of the organization, known as The Reed Group. Reed was the only defendant to receive jail time.

No bettors were charged.

While the sentences were light, the money was not. John Bales, US Attorney for the Eastern District of Texas, told the media Thursday that bets of “six and seven figures” were placed online at sportsbooks based in the Caribbean.

Names of the sportsbooks used were not released.

The investigation appears to have wrapped up in 2011, so further ramifications seem unlikely.

Authorities seized approximately $10 million in property and cash, including gold pieces, sports memorabilia and luxury condominiums in Dallas and Las Vegas. One safe discovered contained $1 million in cash, authorities said.

Football helmets, jerseys and golf shirts signed by athletes including Woods, Brady, Earl Campbell and Dirk Nowitzki were among the memorabilia seized and on display at Thursday’s news conference announcing the bust, Dallasnews.com reported.

Welcome to the board. But this have been posted and discussed.

Nice.... Biggest bust I've seen. They use to run sirbet, which use to be pretty sharp

It wasn't completely untouched. Larry "Coralli" Lee was a card cheat from Iowa who may have been connected to the Outfit thru Sid Wyman of the Dunes Casino in Vegas years ago. At least according to him and his book "Vulture's Wisdom."

I really can't see the mob muscling a bunch of big time rich guys in Texas. Especially since these guys must be connected to some big movers and shakers out there. I mean a decade long investigation ended up in a total of ONE YEAR of prison for it's leader. Obviously a waste of time and strings were clearly pulled.

A lot of the gamblers in Dallas are respected members of the community with a lot of connections and clout. Albert Reed is well liked by these members.

Cuz the mob has no muscle or manpower in Dallas to demand tribute

big red, have you read vultures wisdom ? I thought maybe I Was the only one. I know who larry is and some of the story is probably true. do you have any idea what he was sentenced to ?