Posted by casino man in Gambling News at 9:41 PM GMT
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December 17th, 2008
PartyGaming co-founder Anurag Dikshit faces prison term
PartyGaming co-founder Anurag Dikshit faces prison term
PartyGaming co-founder Anurag Dikshit faces prison term
PartyGaming co-founder Anurag Dikshit faces prison term
PartyGaming co-founder Anurag Dikshit faces prison term
Gambling tycoon to forfeit $300m
The billionaire co-founder of an internet gambling company has pleaded guilty to violating US internet laws and agreed to forfeit $300m (£192m).
Anurag Dikshit, co-founder of the UK-listed company PartyGaming, entered the plea in a New York federal court.
He is charged with violating federal gambling laws, an offence which could incur a prison term of up to two years.
Mr Dikshit, an Indian national with an estimated fortune of $1.6bn, declined to comment to reporters.
Posted by casino man in Gambling News at 9:41 AM GMT
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December 16th, 2008