American Authorities Still Trying To Ban Online Gambling

Published Wednesday, January 05, 2011 - Online-Casinos.com

Pleading  guilty in 2008 to one count of violating the federal wire act and agreeing to forfeit $300 million has kept the former online poker billionaire Anurag Dikshit, out of the American slammer. This is the way Federal judges in the USA are going about keeping American’s safe from the evils of online gambling. U.S. District Judge Jed Rakoff said at the time of sentencing, “I am persuaded that no jail time is appropriate here,”
Similar to the arrangement that Canadian Douglas Rennick made with Federal Prosecutors last May when he forfeited the princely sum of $17.1 million USD for his get out of jail free card.
Dikshit said about his company Party Gaming during the investigation back in 2008 when he co-operated fully with authorities “I came to believe there was a high probability it was in violation of U.S. laws,” PartyGaming, a company based in Gibraltar, once the world’s largest online gambling company, struck a non-prosecution agreement with federal prosecutors in New York.
Other online gambling and online poker entrepreneurs have expressed their disapproval in the investigations of Party Gaming and see the whole affair as a betrayal f the industry by this one man. Doyle Brunson, an online poker entrepreneur, gave Mr.Dikshit a piece of his mind two years ago, commenting publicly that,  “It looks like he would feel a sense of obligation to online poker, the industry that made him a rich man. Instead, he folded up like an accordion and pled guilty to breaking some kind of mystery law and is paying a $300 million dollar fine and possible 2-year jail term.”
PokerStars, the world’s largest online poker company, has insisted for years that legal opinions it has received from several U.S. law firms say that they are not breaking any U.S. law, including the wire act of 1961. “It’s PokerStars’ position that both the plain language and the legislative intent of the Wire Act strictly limit its application to sports wagering,”
It is obvious that there isn’t a leg to stand on with the wire act violations so the feds have turned to targeting money processors in a vain attempt to stamp out online gambling in America and they are making money doing so. 

 

 

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