Report: Helly Nahmad to Plead Guilty to Federal Gambling Charge

Helly Nahmad. (Courtesy Patrick McMullan)

Helly Nahmad. (Courtesy Patrick McMullan)

The New York Times reports that Helly Nahmad will plead guilty to just a single gambling charge related to the federal government racketeering case in which he was named this past April.

Not bad, considering that his other charges included (from the indictment): “Transmission of Sports Wagering Information,” money laundering and “Acceptance of Financial Instrument for Unlawful Internet.”

Read more at The Times.

Correction, 5:20 p.m.: An earlier version of this post incorrectly stated that Mr. Nahmad no longer faces any jail time.

Report: Helly Nahmad to Plead Guilty to Federal Gambling Charge