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PPA COMMENTS ON DIKSHIT SETTLEMENT
The Poker Players Alliance has commented on Party Gaming co-founder Anurag Dikshit's personal $300 million settlement with the US Department of Justice, and on the Wire Act guilty plea which formed part of the deal.
The PPA notes that this deal was a personal decision on the part of Dikshit in which he admitted breaking US federal law (the 1961 Wire Act) through his involvement in an online gambling website that facilitated casino gambling by American players.
Alphonse D'Amato, chairman of the Alliance, emphasises that the settlement was a personal one that in no way constitutes a legal precedent and does nothing to clarify the confusing interpretation of the Wire Act by the Department of Justice. He notes that the DoJ is also at odds with other US entities regarding Internet betting in the US horseracing industry, which is exempted from the provisions of the UIGEA, and he called on US law makers to support legislative proposals that would clear up the legality position.
D'Amato also draws attention to a decision by the Fifth Circuit Court of Appeals, which has in the past set a valid precedent by ruling that the Wire Act was designed to curtail telephonic betting on sports, and therefore does not extend to cover casino or poker activities over the Internet.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
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.
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