Former Las Vegas high roller, online gaming founder to be sentenced for fraud
Regulation · 2024-09-26

Former Las Vegas high roller, online gaming founder to be sentenced for fraud

A sentencing date has been set for an internet entrepreneur and former Las Vegas casino high roller who pleaded guilty to multiple counts of fraud more than four years ago.

Robert Alexander, the founder of online gaming company Kizzang, will be sentenced Jan. 14, according to records from the U.S. District Court of Southern New York. In January 2020, Alexander admitted to defrauding business investors out of more than $1.3 million which he used for gambling excursions to multiple casinos, luxury cars, rent and personal credit cards.

He was convicted of one count each of securities and wire fraud. Under federal sentencing guidelines, Alexander could spend up to 27 months in prison.

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