One of the William Hill US Sportsbook betting kiosks is on view at the Capital One Arena Box Office at Monumental Sports & Entertainment in Washington, Monday, August 3, 2020. (AP Photo/Andrew Harnik)
LAS VEGAS (KLAS) – A judge on Tuesday sentenced two people who conspired to embezzle funds from sports betting company William Hill to probation, documents show.
In December 2022, Nevada Gaming Control Board enforcement officers began an investigation into embezzlement involving several employees of the company. William Hill operates more than 100 racing and sports publications in Nevada, according to the company's website. The company calls itself “the state's leading mobile sports betting app.” Caesars Entertainment acquired William Hill in 2021 for approximately $4 billion.
Board investigators say Shravan Singh and Paige Steiner conspired with each other and two other co-conspirators in a scheme in which William Hill customer service representatives retrieved customer information from the kiosks and reconciled payments. I was collaborating with the name.
Earlier this year, Singh and Steiner each pleaded guilty to five charges and jointly agreed to pay more than $200,000 in restitution. In court Tuesday, Clark County Judge Crystal Eller sentenced both men to probation. Violating the terms of probation is punishable by a minimum term of three years in prison.
Detectives said Singh “performed 166 fraudulent cash adjustments on separate days,” totaling nearly 3,000 transactions. An internal investigation revealed that Singh had embezzled more than $280,000 starting in October 2021, according to the documents. The company fired him immediately after the incident was discovered.
“[D]”Due to Singh's position and his involvement, the embezzlement was initially not caught by William Hill,” detectives wrote in court documents. “Mr. Singh’s participation not only prevented him from reporting his fraudulent cash adjustments to compliance; [others] In the same way. “
A separate case of embezzlement charges involving six people, including former William Hill employees, was pending in Las Vegas Justice Court as of Thursday.
