Super Bowl 50: Live Blog | Watch Live

Former Casino Employees Accused Of Sports Book Fraud

(Las Vegas, NV)  —  Three former employees of The Palms’ race and sports book have been indicted by a federal grand jury.

The “Review-Journal” reports ex-sports book manager Michael Albanese and two others are accused of accepting so-called “invalid” horse race wagers.  Bettor Charles Pecchio also faces charges in the scheme, which authorities say defrauded the resort out of more than $800,000.

The alleged betting took place between July 2006 and July 2007.

Palms officials have refused comment.

Comments

More From CBS Las Vegas

Get Started
Introducing Your New Podcast Network Play.it

Listen Live