Endorsed by Gambling911

Sportingbet Looks to Settle With US by Year’s End

Written by:

Guest

Published on:

Jun/04/2010

BRITISH online gaming firm Sportingbet is hoping to agree a settlement with US authorities before the end of the year to protect it from the threat of prosecution, said chief executive Andrew McIver.

"I would hope for something in this current year," McIver added.

Sportingbet has been in talks with the US justice department for more than two years over a settlement which would remove a key obstacle to it being taken over by a larger rival.

Analysts say the online gaming sector is ripe for a wave of consolidation.

The Unlawful Internet Gambling Enforcement Act, passed in October 2006, effectively outlawed online gaming in the US.

Rival PartyGaming reached a settlement with US authorities in April last year, agreeing to pay fines totalling £71 million in return for protection from prosecution. 888 is also in talks over a resolution.

Gambling News

Fish Arcades Net Two With More Than 800 Charges Filed

Law enforcement considers games to be illegal gambling while operators contend these are games of skill.

Indepth Look at How Ohtani's Interpreter Mizuhara Became Players' Lifeline

LA Dodgers super star player Shohei Ohtani became the center of a gambling scandal after it was reported his interpreter, Ippei Mizuhara, had committed a "massive theft", stealing $4.5 million from Ohtani's bank account in order to pay off a gambling debt.

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

Chip Grabbing Felon Latest to Make the Infamous Vegas Black Book

Neal Ahmed Hearne is the latest name to be entered into the book.

NFL Reinstates Players Who Violated Gambling Policy

Quintez Cephus, C.J. Moore, Demetrius Taylor, Rashod Berry and Shaka Toney can now play once again though only one of the five is under contract with an NFL team.