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PartyGaming Makes Nice With U.S. (1
of 2)
Gibraltar-based online slot machine and casino gambling firm
PartyGaming will pay over one million dollars in fines to the U.S.
government for violating the Unlawful Internet Gambling Enforcement
Act for several years, say reports. The deal comes in exchange for
the Acting United States Attorney for the Southern District of New
York agreeing to not prosecute the firm for carrying on illicit
financial transactions with Yankee gamblers. Lev L. Dassin stated
that the one hundred five million dollar fine was levied in exchange
for amnesty from prosecution on the part of PartyGaming, and may be
repaid over three years’ time by the company, which is publicly
traded on the London Stock Exchange.
Critics of the UIGEA – of whom there are many – argue that
PartyGaming ought to just ignore the U.S.’s censure. After all, when
the company carried out their supposedly illegal transactions with
American gamblers they were carrying out activities that are
perfectly legal in their jurisdiction, and may have even been legal
with Americans. Supporters of the UIGEA within the U.S. government
claim that online gambling has always been illegal under the federal
Wire Act, and that the 2006 legislation was nothing but a
clarification. This is in spite of the fact that the United States
Court of Appeals for the Fifth Circuit passed a decision that
determined that the Wire Act did not prohibit online gambling,
meaning that it was in fact legal until 2006. After all, the United
States has always felt free to ignore threats and demands from other
nations.
Continue to
part 2 here.
Back to April 2009 Archive.
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