Posted by casino man in Gambling News at 1:43 PM GMT
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The billionaire co-founder of PartyGaming is to sell two-thirds of his stake in the online gambling firm.
Anurag Dikshit will sell up to 75 million shares, reducing his stake to 9.5% from 28%.
In December 2008, Mr Dikshit pleaded guilty to violating US internet laws and agreed to forfeit $300m (approximately £192m at the time).
He is due to be sentenced in December, but is unlikely to go to prison because of a plea agreement with prosecutors.
Posted by casino man in Gambling News at 2:41 PM BST
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