Observers say it’s a landmark moment for online gambling.
Growing hostility of the US authorities to online gaming led in February last year to internet payment processing giant Neteller withdrawing from the States after a nationwide crackdown saw the FBI freeze funds held in customer account.
Funds were subsequently released under a deal reached with the US Attorney’s office.
The guilty plea of the co-founder of PartyGaming in New York’s federal court last week is a move that doesn’t directly affect e-gaming businesses that have set up here, many of whom are targeting the European and Asian rather than the US markets.
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