The two-year battle between the online gambling industry and US prosecutors reached a milestone when Anurag Dikshit, co-founder of PartyGaming , on Tuesday agreed to plead guilty to a charge related to internet betting and pay the US authorities $300m. Dikshit, who has already paid $100m, will pay another $100m within three months and forfeit the final instalment before Sept 30, 2009. He also agreed to co-operate with the US Department of Justice.

This entry was posted by Gwen Robinson on Wednesday, December 17th, 2008 at 5:10 and is filed under Capital markets, People. Tagged with Anurag Dikshit, partygaming. Edit this entry.