A 10-year old troubled online gambling site that specialized in soccer betting has been busted up by Israeli police resulting in the arrests of 5 people.
Internet1x2.com (at one time also affiliated with a website called Yahoops.com, which the search portal Yahoo! threatened to sue) operated out of Israel and the Central American nation of Belize. The company was started by two brothers, both of whom were former Israeli basketball players. The online sportsbook has long endured a checkered past of slow pays.
Police on Tuesday uncovered the illegal online gambling network, according to the YNet news organization.
At the end of a lengthy undercover investigation, police arrested five people suspecting of operating an offshoot online gambling network directed at Israeli gamblers.
Other suspects, who police believe were involved in providing technical support to the websites, and managing finances and payments, were also detained, according to the report.
Some gamblers were detained as well.
Israel has increased its efforts to crack down on illegal online gambling operations over the past year.
Christopher Costigan, Gambling911.com Publisher