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Convicted Former Online Poker Billionaire Avoids Jail
Anurag Dikshit, the former online poker billionaire, was sentenced on Thursday to one year of probation and no jail time in a hearing that highlighted the extreme confusion over how U.S. law applies to online poker.
Dikshit, 39, had traveled from his home in Gibraltar with a one-way ticket to New York to attend Thursday’s sentencing hearing, where he faced a maximum of two years in prison. He pleaded guilty in 2008 to one count of violating the federal wire act and agreed to forfeit $300 million.
“I am persuaded that no jail time is appropriate here,” said U.S. District Judge Jed Rakoff.
As part of his original plea deal, Dikshit agreed to cooperate in an ongoing investigation with federal prosecutors, who did not seek any jail time. “I came to believe there was a high probability it was in violation of U.S. laws,” Dikshit said of his work at PartyGaming, the online poker company that he helped build, at the court hearing when he pleaded guilty in 2008.
Indeed, Dikshit, who is married with two children, had reached out to federal prosecutors in the U.S. to initiate the negotiations that resulted in his 2008 guilty plea. Dikshit’s plea deal was originally seen as an important victory for the Department of Justice, which has long taken the position that facilitating for-money online poker in America violates U.S. law, making no distinction between sports betting—clearly illegal—and poker playing.
A few months after Dikshit pleaded guilty, his former company, PartyGaming, a Gibraltar company that was once the world’s biggest online gaming company, struck a non-prosecution agreement with federal prosecutors in Manhattan, admitting that its U.S. operations for years had violated U.S. law. To some it seemed like the Justice Department had drawn a line in the sand against online poker and set a two-year time frame to go after industry players.
At Thursday’s hearing Judge Rakoff challenged a government prosecutor wondering why there have been no other prosecutions, specifically mentioning Dikshit’s fellow PartyGaming cofounders, Americans Ruth Parasol DeLeon and her husband Russell DeLeon. “Nobody else has been indicted,” said Judge Rakoff. “It has been two years since this defendant began cooperating, what’s going on?”
NATHAN VARDI
Convicted Former Online Poker Billionaire Avoids Jail
Anurag Dikshit, the former online poker billionaire, was sentenced on Thursday to one year of probation and no jail time in a hearing that highlighted the extreme confusion over how U.S. law applies to online poker.
Dikshit, 39, had traveled from his home in Gibraltar with a one-way ticket to New York to attend Thursday’s sentencing hearing, where he faced a maximum of two years in prison. He pleaded guilty in 2008 to one count of violating the federal wire act and agreed to forfeit $300 million.
“I am persuaded that no jail time is appropriate here,” said U.S. District Judge Jed Rakoff.
As part of his original plea deal, Dikshit agreed to cooperate in an ongoing investigation with federal prosecutors, who did not seek any jail time. “I came to believe there was a high probability it was in violation of U.S. laws,” Dikshit said of his work at PartyGaming, the online poker company that he helped build, at the court hearing when he pleaded guilty in 2008.
Indeed, Dikshit, who is married with two children, had reached out to federal prosecutors in the U.S. to initiate the negotiations that resulted in his 2008 guilty plea. Dikshit’s plea deal was originally seen as an important victory for the Department of Justice, which has long taken the position that facilitating for-money online poker in America violates U.S. law, making no distinction between sports betting—clearly illegal—and poker playing.
A few months after Dikshit pleaded guilty, his former company, PartyGaming, a Gibraltar company that was once the world’s biggest online gaming company, struck a non-prosecution agreement with federal prosecutors in Manhattan, admitting that its U.S. operations for years had violated U.S. law. To some it seemed like the Justice Department had drawn a line in the sand against online poker and set a two-year time frame to go after industry players.
At Thursday’s hearing Judge Rakoff challenged a government prosecutor wondering why there have been no other prosecutions, specifically mentioning Dikshit’s fellow PartyGaming cofounders, Americans Ruth Parasol DeLeon and her husband Russell DeLeon. “Nobody else has been indicted,” said Judge Rakoff. “It has been two years since this defendant began cooperating, what’s going on?”
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NATHAN VARDI
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