Online Gambling Finance Men Lose Attempt To Quash Charges

ONLINE GAMBLING FINANCE MEN LOSE ATTEMPT TO QUASH CHARGES

08th February, 2012 at 04:21:03
Source: http://www.azonlinecasinos.com

Campos and Elie fail in attempt to have DoJ Black Friday charges dismissed

Former Utah banker John Campos and e-processor Chad Elie, who face charges relating to the payment processing of online poker transactions, suffered a setback Tuesday when a Manhattan judge refused to allow their motion for dismissal of Black Friday indictments against them.

Judge Lewis Kaplan wrote: Defendants' argument that poker is not gambling fails, at least at this stage, in an eight-page memorandum opinion.

The publication Forbes notes that the ruling should come as no surprise to the two defendants; at a pre-trial hearing in December last year the judge noted that it would be extraordinarily unlikely that the entire indictment will be dismissed. (see previous reports).

All eight of the government's charges against the duo remain, with three of six original Black Friday defendants already pleading guilty.

Campos and Elie are set to go on trial next month, nearly one year after American enforcement officials shut down the US operations of PokerStars, Absolute Poker and Full Tilt Poker, unsealing a criminal indictment of 11 men and a $3 billion lawsuit against the companies and some of their founders and board members.

Judge Kaplan characterised the argument that poker is not gambling as surprising and said that Campos and Elie will need to defend at trial the government's claims that they violated the Illegal Gambling Business Act.

It would be inappropriate, Kaplan wrote, to dismiss any count for lack of proof at this point in time.

Related News Tags: , , , ,



« News index »



SPAIN'S ONLINE GAMBLING MARKET HAS A SOUND FUTURE

29th March, 2017 at 19:48:16
Analyst says sector likely to deliver Euro 500 million in Revenues in 2017.

WATCHANDWAGER LAUNCH INTERNATIONAL ADW PRODUCT

27th March, 2017 at 13:46:09
ADW on international horse races for US customers.

ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?

24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?

PADDY POWER BETTING SEEKING HEAD OF TRUMP BETTING CANDIDATE

20th March, 2017 at 19:52:51
Three month contract requires a special type of person.

BODOG SIGN LATAM SPORTS SPONSORSHIP

20th March, 2017 at 15:15:56
With American football club.