A 76-year-old Portland man pleaded guilty Thursday in U.S. District Court in Portland to running an illegal gambling business with Stephen Mardigan, according to the U.S. attorney’s office.
William Flynn admitted that between 2010 and 2017 he received bets on professional and college sporting events as part of Mardigan’s illegal sports gambling operation, according to court documents.
“Flynn coordinated bets with Mardigan, shared profits and losses with him, and communicated regularly with him about sports lines, bets taken, and other aspects of the business,” the new release, issued Friday, said. “Mardigan also served as the ‘bank’ for Flynn’s bets.”
In his plea agreement with federal prosecutors, Flynn agreed to forfeit $74,690.
It is the practice of the U.S. attorney’s office and the federal defender’s office, which represents Flynn, not to comment on pending cases.
He faces up to five years in federal prison. Flynn waived his right to appeal his sentence to the 1st U.S Circuit Court of Appeals if it is no longer than six months.
A sentencing date has not been set.
Flynn remains free on personal recognizance bail.
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