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Gilbert Arenas Indicted Over Alleged High-Stakes Poker Ring

Held on three federal counts of illegal gambling along with false statements, he remains free on $50,000 bail awaiting a September 23 trial.

Overview

  • Charged on July 31 with organizing high-stakes poker games at his Encino residence between September 2021 and July 2022, Arenas faces accusations of running an illegal gambling ring.
  • Prosecutors accuse him and five co-defendants, including a suspected member of an Israeli criminal network, of using text messages and a rake system to coordinate and profit from unlicensed poker events.
  • He pleaded not guilty in his initial hearing and secured release on $50,000 bail.
  • The three-count indictment includes operating an illegal gambling business and making false statements to investigators, exposing him to a potential multi-year prison term.
  • The federal trial in Los Angeles is set to open on September 23, marking a key phase in the government’s efforts against underground gaming operations.