Dikshit Pleads Guilty But PartyGaming Says Justice Department Discussions Are Close to Favorable Settlement

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Sunday, February 1, 2009
Author: 
Bruce Zagaris
Volume: 
25
Issue: 
2
63
Abstract: 
On December 16, 2008, the media reported that Anurag Dikshit, co-founder and the biggest shareholder in PartyGaming, the U.K.-listed online gambling company, has agreed to plead guilty and pay U.S. authorities $300 million relating to illegal web betting in one of the most high-profile prosecutions so far in the U.S. on internet gambling. He pleaded guilty to charges that he used the wires to transmit interstate and foreign commerce bets and wagering information...[more]