Offshore Gambling 'Pioneer' Details Fall

By ADRIAN SAINZ, AP Business Writer, Technology / Internet

Steve Buding gestures as he speaks during an interview Tuesday, Oct. 2, 2007 in Miami. Budin, a self-styled offshore sports gambling "pioneer" who built a multimillion-dollar business, saw it all come crashing down when he was arrested in 1998 in the first-ever U.S. prosecution of Internet sports betting. (AP Photo/Wilfredo Lee)

(AP) -- He learned at the knee of his bookmaker father in New York, took street bets in his teens, and partied with Las Vegas high-rollers. He made millions of dollars as a self-proclaimed offshore sports gambling "pioneer," flirted with Internet gambling, and was pinched by the FBI.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

ť Next Article in Technology - Internet: Online Holiday Shopping Season Kicks Off

would you recommend this story?