Daniel Tzvetkoff Released On Bail In Las Vegas

In a stunning suprise, Daniel Tzvetkoff was granted bail in Las Vegas. The Australian internet gambling payment processing tycoon was expected by many to have bail denied due to his lack of ties in the US and substantial amount of money. Both of which could make him a flight risk.

Although there have been many reports that the crash of his Intabill company had caused him to lose his home, luxury cars and other assets, many believe he has as much as $100 million stashed away somewhere.


Daniel Tzvetkoff's father, Kim Tzvetkoff, pleaded on his behalf. Typically someone would be released after working through a bail bondsman, who offers Las Vegas bail bonds. Although, Tzvetkoff's father offered his million dollar Brisbane home as surety and told the court he would personally drive his son cross-country to New York. Although, Tzvetkoff was arrested and held in Las Vegas, his money laundering case will be tried in New York.


Judge Leen agreed to grant Tzvetkoff bail with strict conditions that he maintain a verified residence in New York, submit to electronic monitoring, surrender his passport and abide by a curfew. His father will drive him to New York where his trial will be held.