LAS VEGAS, Oct. 30 (UPI) -- Gaming executive Michael Colbert, arrested in an alleged nationwide gambling ring, appeared at a hearing in Las Vegas District Court.
The procedural hearing was brief and his next court appearance is scheduled for Nov. 8.
Colbert, 32, was arrested Wednesday and charged with enterprise corruption, conspiracy to operate illegal gambling and three counts of money laundering, the indictment alleging he arranged for a $100,000 transfer of gambling proceeds from Las Vegas to New York.
Over $2.8 million in cash and casino chips were seized, and 25 people arrested in a law enforcement operation called "World Wide Wagers" by the New York Police Department's Organized Crime Control Bureau, the Las Vegas Sun reported Tuesday.
The investigation, which began in 2011, uncovered a large-scale bookmaking operation, with ties to organized crime, operating in several states as well as off-shore locations, officials said.
