Local gaming official out of jail on bail
Mike Colbert, vice president of Cantor Gaming, is out on bail after being arrested earlier this week.Photo: Video by ktnv.com
Las Vegas, NV (KTNV) -- Mike Colbert, vice president of Cantor Gaming, is out on bail after being arrested earlier this week.
Colbert is one of 25 men, in five states, who are now charged with taking part in a multi-million dollar illegal sports betting enterprise.
Officials confirmed the charges involve the sports betting website, PinnacleSports.com.
Local gaming officials said the matter does not involve Cantor Gaming and is unrelated to its business in Las Vegas.
Colbert faces charges of enterprise corruption, money laundering and conspiracy.
He's scheduled to appear in court Monday, Oct. 29.