Adam Meyer is waiting to stand trial on many fees in a Wisconsin court that is federal the former high-stakes sports betting handicapper at first claiming through their lawyer that he was a government informant.
Adam Meyer proclaimed for years he had been ‘the recreations consultant to the stars,’ the Florida-based activities handicapper routinely appearing on tv to flaunt his insider knowledge and results that are unrivaled.
His genuine Money Sports website described Meyer as ‘the biggest star in Vegas’ whoever ‘client list reads like the front page of range.’
‘If there’s a result, Adam will show you the way to turn it into an income,’ their bio read.
Unfortunately for individuals who took Meyer up on his solutions, the outcome changed into an income just for Meyer himself.
In December of 2014, a Wisconsin jury that is grand Meyer on six charges including wire fraud, racketeering, and extortion relating to a wealthy Fond du Lac, Wisconsin, guy who claimed to possess been taken for $25 million.
Meyer’s Tainted Past
At the height of Meyer’s procedure, he was reportedly charging upwards of $250,000 for the package of betting tips and suggestions of games where in actuality the fix was in. Meyer’s products would advise clients on how to wager and which teams to pick.
He claimed to use an extensive research staff 130 strong and asserted his guidelines included a 60 per cent winnings percentage.
Brazil President Rousseff is dealing with impeachment as her country falls into economic despair, but gambling could arrived at her rescue.
Brazil is as soon as gambling that is again mulling, lawmakers into the cash-strapped country in the midst of economic devastation scrambling to find ways to fund the federal government without placing extra tariffs on residents.
The Brazilian Senate Commission for Regional Development and Tourism voted this week in favor of Bill 186 of 2014, legislation that would authorize up to 35 land-based casinos and enable gambling enterprises to commence operations online.
Gambling enterprises have been banned in the country since 1946.
Illegal gambling in Brazil is estimated to be a nearly $5 billion annual industry, and legislators affirm tapping into that market is needed to offset a dismal monetary year for the country. Moody Investors Service recently downgraded Brazil to ‘Junk Status’ citing a quickly deteriorating economy and ‘worsening governability.’
Legalizing gambling and Internet gambling enterprises appears to be described as a viable solution to make up at part that is least of the mounting budget deficit. Persuading residents to get behind gambling might be a more task that is difficult in other countries.
Brazilians associate gambling with corruption, many thinking the venues become nothing more than resources from criminal syndicates to meet and exchange