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New Palestine man charged for running multi-million dollar gambling business

A man from New Palestine has been arrested and is accused of running an illegal gambling business that took in more than $17 million in sports bets from January 2016 to May of this year.

Police say Bret Wells, 46, is facing six felony charges including corrupt business influence, professional gambling, promoting professional gambling and theft.

Court documents say Wells brought in over $17 million in bets that made him more than $1.8 million in profits.

They also say he bet on New Palestine High School football playoff games last fall. Sports betting became legal this week.

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