Phoenix coyotes gambling scandal
Rick Tocchet pleads guilty in betting scandal. Yesterday, the former NHL All-Star and Phoenix Coyotes assistant coach, Rick Tocchet, pleaded guilty to third-degree charges of conspiracy and promoting gambling in connection to the . Phoenix Coyotes' assistant coach Rick Tocchet out of NHL until February, after gambling scandal. The Phoenix Coyotes betting scandal that has ensnared hockey legend and Coyotes minority owner Wayne Gretzky and his movie actress wife is just the.
Gretzky's Wife Linked To Gambling Ring
Tocchet said he would cooperate with the investigation but didn't answer when asked whether he'd surrender to authorities. After his NFL career ended in , Schlichter's compulsive gambling problems landed him in prison several times for fraud, forgery and other charges. Glendale has performed up to its end of the bargain -- building a first-class arena that opened in late and has since become the Valley's premier large-venue concert facility. Rose is now closed," commissioner A. Jackson testified before the Cook County grand jury in September , and the Chicago Herald and Examiner reported the following: The Great One's wife could be in a great deal of trouble. He would have been drafted by the Knicks but was barred from the NBA and later served nine months in prison for fixing games.
Gretzky's wife allegedly placed bets in gambling ring
In a statement, the Coyotes said Tocchet "was flying back East this evening to address the allegations in a meeting with Bettman. We look forward to speaking to him in depth on the matter," Rodgers said Wednesday morning.
Phoenix lost without Tocchet. Gretzky, hockey's greatest player, is in his first season coaching the Coyotes and is a part-owner of the team. Gretzky's wife, actress Janet Jones, was among those implicated, two law enforcement officials told The Associated Press, speaking on condition of anonymity because no bettors have been publicly identified.
The bets were placed on professional and college sports, mostly football and basketball. Fuentes declined to identify the NHL players who made wagers but said none bet on hockey. Rodgers, deputy superintendent of investigations with the New Jersey State Police, confirmed to TSN of Canada that "12 NHL players or people closely associated with NHL clubs" -- including a team owner and a member of one coaching staff, a tally Rodgers said was in addition to Tocchet-- placed bets with the ring.
He would not say whether any of the bettors with ties to the NHL bet on hockey. The investigation also revealed alleged ties to the Bruno-Scarfo crime family in Philadelphia and southern New Jersey, authorities said.
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Print Article AA The Phoenix Coyotes betting scandal that has ensnared hockey legend and Coyotes minority owner Wayne Gretzky and his movie actress wife is just the latest in a series of financial shenanigans linked to the team's ownership. The Coyotes' financial success has always been a huge gamble for the franchise's majority owners -- real estate developer Steve Ellman and trucking kingpin Jerry Moyes.
While there's no indication that Ellman and Moyes are involved in the betting scandal, these guys have been operating on the edge of impropriety for years. Yet it is the gambling scandal that has triggered an avalanche of bad publicity, not the questionable business dealings of Ellman and Moyes involving hundreds of millions of dollars.
Instead, they tapped taxpayers. In exchange, they promised they would construct the sprawling Westgate shopping and housing development next door. Glendale has performed up to its end of the bargain -- building a first-class arena that opened in late and has since become the Valley's premier large-venue concert facility.
The Coyotes' majority owners, on the other hand, are not holding up theirs. Construction of the Westgate development is two years behind schedule. And what is now being built is , square feet less than what the Coyotes promised Glendale. Lurking behind the scenes are ominous signals of much deeper trouble ahead.
The year-old Moyes was recently forced out as chairman and chief executive officer of Swift Transportation, a company he founded that grew into one of the nation's largest trucking operations. His precipitous fall from power came in the wake of an insider stock trading scandal in that led to enforcement action by the U. Securities and Exchange Commission. He resigned as Swift CEO at the end of The team is in such dire financial straits that Moyes has had to repeatedly borrow money using his Swift stock as collateral to cover routine expenses such as payroll.
The report recommended banning a feature known as "losses disguised as wins". For Clubs NSW the donations were modest compared with the cash it has poured into major party coffers over the years. Troy Grant failed to act on advice that a landmark gambling harm report should be released as soon as possible. Daniel Munoz Clubs NSW and its member organisations are an anomaly within the state political donations regime, where businesses involved in gambling, alcohol and tobacco are prohibited from contributing.
When the bans were introduced in November by the then Labor government with support of the Greens, registered clubs were exempt because they are non-profit organisations. Yet as everyone knows the big registered clubs these days resemble mini-casinos given their hundreds of poker machines and electronic blackjack and roulette games.
All this adds context to revelations this week that Grant — as gaming minister — sat on a report into gambling harm commissioned from the University of Sydney, despite being urged by his own department to release it "as soon as possible". The report, which the NSW government eventually sat on for nearly two years, is largely uncontroversial but for one aspect: Losses disguised as wins refers to celebratory music and graphics played when a player wins some money back, despite the amount being less than was staked.
Monash University researcher Charles Livingstone says the feature is already banned in Tasmania and Queensland. At the time Grant was being urged to release the report mid-last year, the feature was central to a federal court case in which James Packer's Crown casino company and pokie manufacturer Aristocrat were fighting allegations it is misleading and deceptive. A verdict is due early next year and given their determination to fight the matter in court, a ban would be a significant blow to the pokies industry.
Grant — who is now police minister — has conveniently flick-passed commentary on the reason for his determination to sit on the report to his successor as gaming minister, Paul Toole, also a Nationals MP.