Authorities in Northern New Jersey say they've taken down a major sports betting ring in New York and New Jersey.

Zoonar RF, ThinkStock

Bergen County Prosecutor John Molinelli says 29 people have been arrested in an alleged gambling ring that netted approximately $3 million over a 12-month period. Molinelli says the ring accepted wagers on various sporting events including horse racing, football, basketball, hockey, and baseball.

Search warrants were executed in New York and in the New Jersey counties of Bergen, Hudson, Morris, Passaic, Essex, Union, Ocean and Monmouth.

Molinelli says two vehicles and approximately $800,000 were also seized.


(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)