While PartyGaming has been a name splashed all over the headlines of sites devoted to the news of online casinos, it seems like things are finally going to be turning around for the troubled company. The firm came up against an insane level of negative publicity with their founder Anurag Dikshit coming under fire and facing jail time and a sizeable fine for his illegal activity on behalf of PartyGaming. But now PartyGaming has done what it needed to do to make nice with the United States Department of Justice. The Department of Justice had been going after the company for some time, based on accusations that the company had breached certain restrictions associated with the Unlawful Internet Gambling Enforcement Act.

While many higher-up within the industry of online casinos have become millionaires and perhaps even billionaires through the success of their gambling sites, others have experienced extreme setbacks that have led to near financial ruin. Now PartyGaming has admitted top wrongdoing to avoid any actual prosecution. Everyone close to this casino case has indicated that this was a very smart move since it will be remembered if it ever gets to the point when online casino gambling will be legalized in the United States. The Department of Justice will remember that in the end, PartyGaming was cooperative.

With Barack Obama finally in a position of power, there are even greater chances that this could actually come to pass. Congressman Barney Frank has also been working hard to get bills introduced that will serve to effectively regulate the online gambling industry so that casinos can do their business without the threat of legal repercussions.

Tags: partygaming, UIGEA

This entry was posted on Friday, April 10th, 2009 at 10:59 am and is filed under Online Gambling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.