Internet gambling business CEO stays in jail

The chief executive of BetOnSports PLC, a major online sports-betting operation, remained in custody today on racketeering and conspiracy charges after his lawyer asked to postpone a bail hearing.

The chief executive of BetOnSports PLC, a major online sports-betting operation, remained in custody today on racketeering and conspiracy charges after his lawyer asked to postpone a bail hearing.

The hearing for David Carruthers will be held instead in federal district court in St Louis. No date was set.

The executive was arrested on Sunday at Dallas-Fort Worth International Airport as he waited to board a flight to Costa Rica, where the company has a major operation.

British citizen Carruthers and 10 others, including the founder of BetOnSports, were named in a 22-count indictment unsealed this week by federal prosecutors in St Louis.

The government says BetOnSports fraudulently took bets from US residents by phone and the Internet, and failed to pay excise taxes.

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