The Sports Director for Cantor Gaming & Sports Book Manager at the M Resort, Michael Colbert, was arrested Wednesday on a out of state arrest warrant, according to the Clark County Detention Center.
Mr Colbert, 32, was booked into jail Wednesday, with a hearing is scheduled for 7:30 a.m. Monday.
A Nevada gambling regulator said a total of eight Las Vegas area residents have been arrested in a New York City police investigation of illegal bookmaking and money laundering.
Gaming Control Board enforcement chief Jerry Markling said beside Colbert, the seven others are not involved with Cantor Gaming. A Cantor spokesman said the case doesn’t involve the company. A company spokeswoman said the company had no comment on Colbert’s arrest.
All those arrested faces enterprise corruption, money laundering and conspiracy charges in New York, Markling said.
Colbert has been the public face of Cantor Gaming since the company arrived to Las Vegas more than three years ago. He served as the sports book director at the M Resort, Cantor’s first property, from the day it opened in March 2009.
The M sports book found immediate, unprecedented success under Colbert’s watch. By offering the highest limits in town and an expanded betting menu that included Las Vegas’ first-ever in-running wagering, it became ground zero for the biggest bettors in Las Vegas.
Cantor grew from there and currently operates sports books at six other casinos — the Venetian, Palazzo, Palms, Cosmopolitan, Hard Rock and Tropicana.