Check this report out…
http://www.abc.net.au/news/2012-03-30/australian-at-centre-of-online-gambling-case/3922562
and read his story here…
http://www.smh.com.au/technology/technology-news/how-a-vegas-boy-bet-the-house-and-lost-it-all-20110425-1dt81.html
Mike.
I have problem understanding how someone can be guilty running business I the other country and following law of that county which are not same as in US and A.
Its the same as when Hourmouzis was imprisoned 
for fiddling share values all over the word and manipulating the market place.
The US FBI were involved in the case.
Police liaise with other Police forces if the crime in international.
“22 Jan 2002 – Dr Urbas cited the case of Stephen Hourmouzis and Wayne Loughnan, … three million e-mails worldwide predicting a huge rise in Rentech’s share price. … But according to the FBI,”