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US Government seizes $1.5m from Youbet\’s IRG

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The pari-mutuel wagering provider disclosed in a SEC filing that the U.S. Attorney’s Office in Las Vegas seized funds in three IRG bank accounts in Nevada totaling $1.5 million, as part of an investigation into whether certain customers of IRG violated federal or Nevada State gambling laws and whether employees of IRG were aware of the allegedly illegal wagering activity.

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Bookmakers Review
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