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Allied Veterans Software providers settle for 3.5 million
Friday November 8,2013 : ALLIED VETERANS' SOFTWARE PROVIDER IN $3.5 MILLION SETTLEMENT (Update)
Oklahoma AG initially wanted $7.7 million.
Chase and Kristin Burns, the owners of International Internet Technologies, an Oklahoma-based software company that supplied the Allied Veterans of America internet cafe gambling enterprise busted by Florida police have found the association an expensive one, this week they settled with the state of Oklahoma to the tune of $3.5 million.
It could have been worse - originally Oklahoma Attorney General Scott Pruitt wanted them to forfeit $7.7 million.
The couple was among 57 defendants arrested across several states as the Florida internet gambling ring was broken up after using the Allied Veterans charity as a front for a business that generated some $300 million. The investigation led to the resignation earlier this year of Florida's lieutenant governor and a ban on Internet cafes in Florida.
The Burns were accused of laundering money and providing illegal gambling software, and have now successfully brokered a deal with their state's AG.
As part of the settlement agreement, Pruitt agreed to not charge the couple criminally in Oklahoma.
Of the $3.5 million in forfeited funds, the Oklahoma State Bureau of Investigation will receive $875,000. The remainder will be used by Pruitt's office for crime prevention, with an emphasis on money laundering.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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