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  Fraud Alert
There is no legal risk to running a sports book outside of the US, provided you're outside of the US. But try to run a book inside the US while operating one of the sleaziest scamdicapping boiler rooms of all time (evading taxes all the while) and you'll likely end up with a prison term. Jeff Allen found this out the hard way and is now serving hard time. Read about it here.
 
 

 

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