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Thread: PartyGaming to Settle w/DOJ

  1. 9th May 2008, 12:36 AM #1
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    PartyGaming to Settle w/DOJ

    AFX News Limited
    PartyGaming expects to agree settlement with US DoJ this year - CEO
    03.05.08, 6:18 AM ET


    LONDON (Thomson Financial) - PartyGaming PLC expects to reach a settlement with the US Department of Justice at some stage this year, preventing retrospective legal action being taken against it, chief executive Mitch Garber told reporters.

    The online gaming company, which was forced to shut down its US-facing operations following the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA) in Oct 2006, announced last year that it had initiated talks with the DoJ.

    It hoped to end uncertainty over the possibility of action by law....

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