Guilty Plea in Web-Poker Crackdown
One of the founders of poker website Absolute Poker pleaded guilty to criminal charges after he was accused earlier this year in a crackdown by the U.S. on Internet gambling.
Brent Beckley was charged in April, along with the founders of PokerStars and Full Tilt Poker, of breaking a variety of U.S. laws, including money laundering and illegal-gambling offenses. Those three websites were the largest poker sites operating in the U.S. at the time. The criminal charges against 11 people, including Mr. Beckley, marked a long-anticipated showdown between federal authorities and the offshore websites over billions of dollars in revenue from American players. The government claims their operations, by serving U.S. residents, violated U.S. law.
Guilty Plea in Web-Poker Crackdown Internet Poker Operator Admits Deceit (NYTimes)