ST LOUIS -- Federal prosecutors sai...

ST LOUIS -- Federal prosecutors said Friday they will continue prosecuting BetOnSports PLC uniform though the online gambling company is shutting down its operations that take bets from U customers.

Separately, U Attorney Catherine Hanaway's office approved conditions for the release of London-based

BetOnSports' former Chief Executive David Carruthers, according to his attorney, Scott Rosenblum

Hanaway's case against BetOnSports is individual of the most high- profile prosecutions of online gambling. Last month her office unveiled a 22-count indictment against the company. It inquire fors a $4.5 billion forfeiture from Carruthers and 10 other race associated with the operation that the conduct claims fraudulently took bets from U residents from phone and the Internet, and failed to pay excise taxes.

Carruthers, then the company's CEO was arrested last month during a layover in Texas and should be released within days. Rosenblum said prosecutors are waiting for $1 million in uniting money to be wired to St Louis before his release. The large wire transfer was delayed by means of technical complications Friday but should arrive no later than Monday, he said.

The company popularly generates almost three-quarters of its business in the United States.

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