Feds Indict Another Top Las Vegas Sports Bettor
'Vegas Dave' Accused Of Using Phony SSNs
Less than a week after world-renowned sports bettor Billy Walters was convicted of insider trading, the federal government indicted another one of the most recognizable sports bettors in Las Vegas.
According to the government, David “Vegas Dave” Oancea used phony Social Security Numbers to make transactions at Las Vegas sports books. He allegedly made nine transactions worth a combined $3.5 million using SSNs that aren’t his. Wynn Las Vegas was one of the properties where the alleged crimes took place, according to the Las Vegas Review-Journal.
The government also wants $881,600 from him.
Oancea famously won about $2.5 million betting on the Kansas City Royals to win the 2015 World Series when the team was listed at 30-1.
He also had a well-known sports betting win on Holly Holm when she upset Ronda Rousey.
Oancea has claimed that he has been banned from some sports books because of his wins.
The Las Vegas Sun reported that his successful $100,000 wager on the Royals was, at least at the time, the largest winning futures bet in Nevada history. His historic World Series payout came not long after he was broke from a gambling addiction.
“I was at rock bottom a few years ago," he said in 2015. “My parents weren’t proud of me. I wasn’t proud of me, either. I’d lost their savings, but they never stopped believing in me. So last week they were wearing Kansas City hats and T-shirts, and my dad watched the games with me. Next week, we go looking for houses because I promised them a new one.”
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