No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Black Friday Poker Processor Cops Plea
03/27/2012 : US POKER MONEY PROCESSOR FOLDS HIS CARDS
Black Friday indictee Elie cops a plea...and agrees to forfeit his interest in more than $25 million
Chad Elie (32), a former e-cash processor caught up in the Black Friday indictments against online poker sites unexpectedly folded his cards Monday, pleading guilty in a New York court prior to appearing on April 9, where he was expected to put up a spirited defence.
The recent news that erstwhile Australian e-processor Daniel Tzvetkoff has surfaced and would give evidence for the state may have been a contributing factor in Elie's decision.
Following his plea, sentencing will be handed down on October 3, when Elie could face up to six to twelve months imprisonment; in the meantime he remains at liberty on $250,000 bail.
His guilty plea leaves his fellow accused, former bank executive John Campos, standing alone, with federal prosecutors already indicating that they are in discussions with his lawyers and will know by Wednesday if he will go to trial.
Elie and Campos were the only Black Friday defendants headed to trial after others among the eleven people charged in the Internet gambling-associated case either reached plea agreements or remained fugitives.
Las Vegas-based Elie pleaded guilty to a single count of conspiracy that he served as a “payment processor” for the poker companies named on Black Friday, and lied to U.S. banks about the nature of the financial transactions they were processing.
US District Judge Lewis Kaplan successfully pressed Elie to admit that his conduct was wrong and he knew it.
As part of his plea, Elie agreed to forfeit $500,000 he earned as a result of the scheme, along with his interest in more than $25 million held in various payment processing accounts, Assistant U.S. Attorney Andrew Goldstein told the court.
Elie is not the first to enter a plea - Absolute Poker co-founder, Brent Beckley, pleaded guilty to conspiracy charges in December
Legal observers noted that Elie's capitulation is one of the most significant legal developments in the Black Friday prosecutions since federal prosecutors cracked down on Pokerstars, Full Tilt Poker and Cereus almost a year ago.
He was to have been represented in the looming legal battle by former U.S. Solicitor General Paul Clement, with the April 9 scheduled trial date widely seen as a test case that may have had wide-reaching consequences and impact the government’s case against other Black Friday defendants.
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.