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PARTY GAMING UNLIKELY TO PLEAD GUILTY
The Gibraltar-based Internet gambling group Party Gaming plc has responded to a Financial Times report that founder Anurag Dikshit may be appearing in a US court on a Wire Act guilty plea later today.
In a statement, the company reiterated that it remains in negotiations with the US Justice Department aimed at wiping the slate clean on its pre-UIGEA activities in America, but says that any accommodation or settlement is unlikely to include a criminal plea by the company or any of its current directors. The company said that it may be close to finalising the terms of a possible settlement, but made no further details available.
Commenting specifically on the report that Dikshit had agreed to make an almost $200 million deal with the DoJ, a company spokesman said that any payment considered by the company would likely be “significantly below” such a sum. John Shepherd, director of communications for the firm, declined to comment further.
According to the Financial Mail report, Dikshit is due to appear in a New York court today and risks a two-year jail sentence by travelling to the States. He will apparently admit to an offence under the Wire Act and agree to cooperate with the Department of Justice, the newspaper said, citing its own unspecified sources.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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