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Report: New Bucks owner accused of gambling connection

Marc Lasry, Herb Kohl, Wesley Edens. Photo: Image by TODAY'S TMJ4

Report: New Bucks owner accused of gambling connection

By Jay Sorgi. CREATED Apr 17, 2014

According to a published report, the new co-owner of the Milwaukee Bucks (pending league approval) had to give up an ambassador's job in France due to connections to an alleged gambling ring run by the Russian mob.

However, Marc Lasry was never accused of wrongdoing.

The New York Post reported in 2012 that Lasry had to give up the chance at the job because he was friends with Illya Trincher.

He was among dozens arrested in an investigation, according to Business Insider.

However, Business Insider also reports that, according to a source, Lasry realized he would have to give up his holdings in Avenue Capital, a $12 billion investment business in New York.

Despite the alleged connections to gamblers, the NBA has let Lasry be a minority investor with the Brooklyn Nets.  He would have to divest in order to join in Bucks ownership.

Read Charlie Sykes' take on the Lasry situation.