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.
SportingBet Settles with US Department of Justice
And at $33 million it's a better deal than expected
Making the mainstream headlines everywhere mid-week is the news that the UK internet gambling group Sportingbet.com has settled with the US Department of Justice regarding its pre-UIGEA activities. And the good news for investors is that, at $33 million, the deal is better than that experienced by other companies and individuals.
The agreement better positions the company should online gambling be legalised and regulated in the United States, with just such an initiative through the committee stage in Congress and awaiting debate.
“This non-prosecution deal is an excellent agreement,” Barry Slotnick, a lawyer for Sportingbet, said yesterday of the deal with Manhattan U.S. Attorney Preet Bharara. “It’s good for the company and for its shareholders. Ultimately some day, Sportingbet may return back to U.S. shores when Internet gambling becomes legal.”
As part of the non-prosecution agreement entered Monday between the company and Bharara’s office, Sportingbet said it would maintain a permanent restriction on providing Internet gambling services to U.S. customers as required by U.S. law, unless the law changes.
The company also agreed to cooperate with the U.S. Federal Bureau of Investigation and an ongoing probe by prosecutors in Bharara’s office. According to news agency reports, Sportingbet agreed to provide the US government with requested documents and make its employees available to U.S. investigators.
“We spent three years coming to this ultimate conclusion,” Barry Slotnick, a lawyer for Sportingbet, told the Bloomberg news agency in a phone interview.
The agreement documentation includes a statement by Sportingbet which admits that from 1998 until October 12, 2006, when the UIGEA passed, it offered Internet gaming to players located in the U.S., including real-money sports betting as well as wagering on poker and casino games. By the end of 2006, most of its active customers were located in the U.S., the company said.
Beginning in 2001, Sportingbet began using payment processing methods designed to misrepresent the nature of its customers’ gaming transactions to U.S. credit card issuers that disallowed the use of their cards for Internet gambling, the company said in court papers.
Sportingbet also took steps to mask payments of gaming winnings to U.S. customers, the company said in the statement filed as part of the accord.
The $33 million settlement is substantially lower than the $105 million which Party Gaming plc paid to clean its slate of similar potential prosecutions.
In return, US authorities have agreed not to prosecute officers of Sportingbet for accepting bets from US citizens prior to passage of the Unlawful Internet Gaming Enforcement Act (UIGEA).
Speaking for the government, Manhattan U.S. Attorney Preet Bharara outlined the factors considered by his department in quantifying and making the settlement decision. He said that these were paid down in the Department of Justice Principles of Federal Prosecutions of Business Organizations, namely:
(1) Sportingbet’s cooperation with the Government’s ongoing investigation into the illegal online gambling industry;
(2) Sportingbet’s termination of all real-money Internet gambling services for U.S. customers in October 2006;
(3) its agreement to disgorge $33 million; and
(4) the negative effect that charges against Sportingbet would have on the company’s innocent employees and legitimate activities.
Assistant U.S. Attorneys Arlo Devlin-Brown and Nicole Friedlander ran the investigation into Sportingbet, assisted by agents from the Federal Bureau of Investigation. Assistant U.S. Attorney Michael Lockard is in charge of the forfeiture arrangements.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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.