News/Politics

On Wednesday, the Washington DC Finance and Revenue Committee voted to advance a bill calling for the repeal of the country’s first Internet Gaming Law. The 3-2 vote will send the bill before the full council with the first of two votes scheduled for next week.

On Monday, Judge Leonard Sand of the Southern District of New York dismissed many of the claims raised in a class action lawsuit against Full Tilt Poker, many of its companies, many of its owners, and others associated with the organization.

Proponents of Internet gaming look to move forward with the law passed in April of last year, while opponents argue for its repeal.

From at least April of 2007, Chris Ferguson funnelled just under $60 million of his Full Tilt distribution payments into bank accounts held for him in the name of Pocket Kings Ltd,1 in addition to the roughly $25 million that the US Department of Justice reported that he received in their amended civil complaint.

State Looking to Capitalize on December DOJ Legal Clarification