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POKER BOT FRAUDSTERS ACQUITTED
SVENSKE SPEL POKER BOT FRAUDSTERS ACQUITTED (Update)
Blow for Swedish gaming firm who refunded affected players.
Sweden’s Higher Court of Appeal has acquitted five defendants of an aggravated fraud sentence delivered when they were found guilty earlier this month by a Swedish District Court of playing poker against 25000 Svenska Spel poker players using a poker bot.
The case broke in 2003, when Svenska Spel notified local police of suspected fraud involving the use of a poker bot. The company had identified and shut down 14 accounts but only recovered around $108,000 of the original $1.8 million won. Svenska Spel subsequently demanded SEK 10 million in reparation from the five defendants to cover refunds it had made to affected players.
The poker bot (dubbed Maggie) operated in stakes ranging from $0.25/$0.50 up to $2.50/$5.00, Svenska Spel said at the time, and had developed to a point where it could beat weaker players but not better, higher stake poker players.
The defendants, men in their late-30’s and early-40’s, are all, but one, poker players who claimed that the development of the bot had begun as a hobby, an intellectual challenge.
This week, despite the court of appeals acknowledging the misleading nature of operating the poker bot, it still found “harm to the plaintiffs or gain to the defendants” unproven after considering outcomes were due in part to chance which cast doubt on whether the poker bot software would have given an unfair advantage to the five accused.
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Gambling News :
South Africa Going After Illegal Gambling -
In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.
Global Poker League Championship Results -
#gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.
Yahoo DFS Gets Uk License -
#yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.
SPANISH GAMBLING MARKET CONTINUES TO GROW -
Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.
Novomatic Acquires Albanian National Lottery -
#Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.
2016 Massachusetts Gaming Commission Report -
Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.
Jack Lam denies bribe allegations -
Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.
Fonbet Gets Russian Betting License -
#Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.
New Attempts to Restore the Wire act -
In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.
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