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VPP Poker Room News
| PokerStars Comments On Party Gaming Litigation - Monday, December 22, 2008 at 21:38
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Last week, Party Gaming founder Anurag Dikshit pled guilty to disrupting the US ‘Wire Act' law. Dikshit and his company, Party Gaming, will suffer the consequences with a ‘settlement’ of $300 million. This brought about great turmoil in the online gambling industry, serving speculations as to "who will be next", and “is the US really cracking down” on the industry?
This drove regional ‘Isle of Man Today’ newspaper reporters to question local online poker room operator PokerStars.com today about its reaction to the recent litigations between Dikshit and the US Government. Not too surprising to analysts in the online gambling field, the general response was “business as usual”.
The newspaper did highlight the fact that such actions against Party Gaming have little or no effect on e-gaming businesses operating from the island. Many of them are gearing their campaigns towards the European and Asian markets anyway, rather than the United States.
PokerStars head of legal services, Paul Telford, told newspaper reporters, “As far as we are concerned it's business as usual. It doesn't affect the company. This doesn't change the law; no precedents have been set. But it will give us food for thought as to the bigger impact. The situation is very fluid so there is little point in commenting further."
Garth Kimber, head of e-gaming development for the Isle of Man Department of Trade and Industry, was also asked for comment. “We are monitoring the situation closely to look at any potential impact.”
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