News tagged with gambling

Feds: Full Tilt Poker site was Ponzi scheme

(AP) -- An Internet poker company that was blocked from operating in the U.S. in the spring as part of an online gambling crackdown was "not a legitimate poker company, but a global Ponzi scheme," federal prosecutors said ...

Sep 20, 2011
4.5 / 5 (2) 0

Major online poker room ordered to halt operations

One of the largest online poker rooms, Full Tilt Poker, was ordered Wednesday to immediately halt operations by authorities on the Channel Island of Alderney, where it is registered, the regulator said.

Jun 29, 2011
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First guilty plea in US online poker case

The American president of a Costa Rica-based company is facing up to 30 years in prison after pleading guilty to illegally processing payments for Internet poker firms.

May 24, 2011
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Google near US settlement over ad practices

Google is close to reaching a settlement with the Justice Department over allegations it made hundreds of millions of dollars by accepting advertisements from online pharmacies that break US law, The Wall ...

May 13, 2011
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Caesars CEO: Poker indictments present opportunity

(AP) -- Federal indictments targeting the three largest online poker companies present an opportunity for the United States to fully legalize and regulate the $6 billion industry, the chief executive of the world's largest ...

Apr 26, 2011
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Poker domain names unfrozen to allow refunds

US authorities said Wednesday they were unfreezing the domain names of two online poker companies targeted in a crackdown on Internet gambling so US players could withdraw their money.

Apr 20, 2011
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