Gaming News

Two get jail in Borgata gambling ring case

MAYS LANDING, New Jersey -- As reported by the Philadelphia Inquirer: "It was one of the longest winning streaks in Atlantic City casino history.

"For nearly 20 months, investigators say, Jack Buscemi Jr., 51, and Andrew Micali, 33, turned the high-stakes poker lounge of the Borgata Casino Hotel & Spa into their cash cow, walking away with an estimated $2 million in winnings.

"Problem was, their game wasn't poker. It was bookmaking. Illegal sports betting.

"Yesterday, the two cashed out.

"Buscemi and Micali each were sentenced to a maximum of five years in prison by Atlantic County Superior Court Judge Michael Donio, who called their operation 'highly organized' and extremely profitable.

"Authorities say the bookmaking ring, which included wire rooms in Philadelphia and ties to computerized offshore betting establishments, generated about $60 million in wagers during a 20-month period that began in 2006.

"Investigators with the New Jersey State Police also allege that Buscemi, Micali, and several of their associates engaged in loan-sharking and money-laundering. The operation produced about $2 million in profits for the two lead defendants, officials said..."

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