News tagged with online 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
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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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EU court deals setback to online betting sites

Europe's highest court on Thursday handed down a setback to online betting sites, ruling that member states are allowed to ban them from operating to help combat fraud and protect consumers.

Jun 03, 2010
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House effort would legalize, tax online gambling

Americans looking to satisfy their gambling itch can do so now at the close to 1,700 casinos across the country. A bill in the House of Representatives could bring casino gambling to the approximately 86.8 million American ...

Apr 26, 2010
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BetOnSports.com founder gets 4-plus years

(AP) -- The founder of the online gambling site BetOnSports.com was sentenced Monday to more than four years in prison, ending a lengthy investigation and prosecution into one of the world's largest offshore sports gambling ...

Nov 02, 2009
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