DENVER (KDVR) – A man was found guilty by a federal jury of operating an illegal gambling business, according to a release Tuesday by the U.S. Attorney’s Office for the District of Colorado .
Jonathan Arvay, 38, was found guilty of one count of conducting an illegal gambling business and one count of conspiracy to conduct an illegal gambling business.
The release by the US Attorney’s Office did not include information on how long the business operated or when Arvay was arrested or charged.
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According to the release, Arvay operated Player One Arcade in Denver, which was “part of a network of gambling parlors that extended from Greeley to Pueblo.”
The parlors “offered several electronic forms of gambling,” such as games that were made to look like arcade games and virtual slot machines.
According to the release, after completing a game, customers would exchange credits for Obsidian Digital Asset Coin, a purported cryptocurrency. This currency was only used to exchange for cash at an ATM-like machine either inside or next door to the parlor.