Former Las Vegas casino executive, Robert Goldstein, was sentenced to probation and fined $10,000 on Thursday for his involvement in an illegal bookmaking operation. The 55-year-old, who previously worked as a senior vice president at Caesar’s Palace, pleaded guilty to one count of conspiracy to conduct an illegal gambling business.
In a packed courtroom, Judge Michael Johnson announced the sentence, stating that Goldstein’s lack of a prior criminal record and cooperation with the authorities were factors in his decision. However, the judge also criticized Goldstein for his involvement in the illegal operation, which he helped run from his luxury home in Summerlin.
According to court documents, Goldstein and several other individuals were involved in a sophisticated illegal bookmaking operation that spanned several states, including Nevada and California. The operation, which took in millions of dollars in bets each year, utilized websites and phone lines to facilitate illegal gambling activities.
Prosecutors argued that Goldstein played a pivotal role in the operation, using his connections in the casino industry to recruit high-profile clients and facilitate large bets. Additionally, Goldstein was accused of using his expertise in oddsmaking and line-setting to manipulate betting lines in favor of the operation.
During the sentencing hearing, Goldstein expressed regret for his actions and apologized to his family and former colleagues. “I made a terrible mistake and I deeply regret the harm I have caused,” Goldstein said. “I take full responsibility for my actions and I am committed to making amends.”
Goldstein’s attorney, Mark Edwards, argued for leniency, citing his client’s cooperation with the authorities and his commitment to turning his life around. “Mr. Goldstein has shown genuine remorse for his actions and has taken steps to address his behavior,” Edwards said. “He understands the seriousness of his crime and is determined to make things right.”
In addition to probation and a fine, Goldstein was also ordered to perform 200 hours of community service and undergo counseling for gambling addiction. The judge also issued a restraining order prohibiting Goldstein from engaging in any form of illegal gambling activities in the future.
As he left the courtroom, Goldstein thanked the judge and his attorney for their understanding and guidance. “I am grateful for the opportunity to make amends and move forward with my life,” Goldstein said. “I have learned from this experience and I am committed to making positive changes.”
The sentencing of Robert Goldstein sends a clear message to those involved in illegal gambling activities that they will be held accountable for their actions. It also serves as a reminder of the potential consequences of engaging in illegal gambling, even for those with high-profile positions in the casino industry.
