Cozen O’Connor: Former Online Gambling Billionaire Calvin Ayre Pleads Guilty To Misdemeanor Charge

Former Online Gambling Billionaire Calvin Ayre Pleads Guilty To Misdemeanor Charge

Friday, July 14, 2017

Barry Boss, co-chair of Cozen O’Connor’s White Collar Defense & Investigations Practice, comments in Forbes on the case outcome involving his client Calvin Ayre, former gambling billionaire and founder of Bodog Entertainment Group. Ayre pleaded guilty to a misdemeanor charge, resolving a five-year criminal case in which federal prosecutors pursued felony charges against Ayre and Bodog Entertainment Group. Ayre was sentenced to one year of probation and a $500,000 fine. “Mr. Ayre is pleased with the outcome of this case. He is even more pleased that this five-year ordeal is finally over for him and for the others who were charged. He looks forward to moving forward with his life,” said Barry.

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