News Source: United Press International
| 7 months ago
Dassin, acting U.S. attorney for the Southern District of New York said the forfeiture is part of a non-prosecution agreement PartyGaming has entered into with the U.S. government. The $105 million, which is to be paid over three years, represents...
News Source: The Guardian
| 7 months ago
Shares in the UK's listed online gaming companies rose sharply as analysts predicted that PartyGaming's better-than-expected deal with the US authorities would allow mergers or takeovers by larger gambling groups. PartyGaming, the owner of the...
News Source: The independent
| 7 months ago
Online poker firm PartyGaming yesterday vowed to go on the acquisition trail after it finally settled a legal dispute with US authorities that could eventually pave the way for it to return to the world's most lucrative market. The settlement, which...
News Source: Boston Herald
| 7 months ago
Shares in PartyGaming PLC soared more than 15 percent on today after it revealed it had clinched a deal with U.S. authorities that will protect it from prosecution for past activities in the United States, where online gaming has been outlawed. The...
News Source: MarketWatch
| 7 months ago
Feb. 28 loss of $29.4 million, or 33 cents a share, as sales fell to $389 million from $437 million...Same-store sales fell 9.7%, and the weakening of the Canadian dollar contributed 1.5 percentage points of the same-store sales fall. March...
News Source: Uinta County News
| 7 months ago
The settlement will protect PartyGaming from being prosecuted for providing internet gambling to customers prior to the services being banned in October 2006. It has agreed to pay $105m (£70.7m), payable in stages up until September 2012. Shares...