SignOnSanDiego - Canadian firm to pay $9.1M in NY Internet gambling case (06/05/08)

June 9th, 2008

excerpt:

NEW YORK – A Canadian company has agreed to pay $9.1 million to resolve charges that it facilitated illegal Internet gambling by processing payments for U.S. customers.

Federal prosecutors in New York said Thursday that a subsidiary of ESI Entertainment Systems illegally processed more than $2 billion in wagers for American gamblers between 2003 and 2007.

The company abruptly halted payments after executives of a rival Internet payment company were arrested in the U.S.

To read more, click here:
SignOnSanDiego.com > News > Technology — Canadian firm to pay $9.1M in NY Internet gambling case

Author Contact Info: Associated Press

Leave a Reply

You must be logged in to post a comment.