BetonSports Founder Gary Kaplan Denied Bail

Gary Kaplan, the BetonSports Plc founder captured 10 months after fleeing a U.S. government indictment for illegal Internet betting, lost his bid to be freed on bail as he awaits trial.

U.S. District Judge Carol Jackson in St. Louis federal court denied Kaplan’s request to be released. He was initially denied bail by a federal magistrate in June.

“There is no condition or combination of conditions of release that would reasonably assure the defendant’s appearance,” Jackson said yesterday in a ruling.

Kaplan, 48, was seized in a Dominican Republic hotel in March. BetonSports, the London-based online gambling company, pleaded guilty May 24 to a single
racketeering conspiracy charge and agreed to cooperate with prosecutors by furnishing evidence against Kaplan and 11 codefendants. All of the individual defendants have pleaded not guilty.

Kaplan previously offered to pay for a private security detail to guard him and wear electronic monitoring equipment