The founder of what had been one of the largest online poker websites agreed on Thursday to confront U.S. charges stemming from a long-running criminal case targeting internet firms like his operating illegally in the United States.
Scott Tom, who founded Costa Rica-based Absolute Poker, pleaded not guilty in Manhattan federal court to charges he violated a federal internet gambling law and engaged in a money-laundering conspiracy.
Tom, a citizen of Saint Kitts and Nevis who lived in Antigua, arrived in the United States voluntarily from Barbados on Thursday to face the charges, prosecutors said.
He was released on a $500,000 bond following a court hearing. James Henderson, his lawyer, said in court he expected a plea deal soon.
“There’s going to be a resolution in this case quickly,” Henderson said.
Absolute Poker finalises legal settlement
From iGaming Business - Beleaguered online poker operator Absolute Poker has finally reached an agreement with the United States Department of Justice that will see it avoid prosecution under the ‘Black Friday’ action of 2011 in exchange for agreeing to forfeit all of its […]
After Six Years, Absolute Poker Players to be Paid The US Department of Justice announced on Monday that class action settlement company Garden City Group (GCG) will monitor the process for the compensation of Absolute Poker players who were not able to withdraw their funds from the online poker room after it was faced with a civil […]
Amaya CEO Pleads Not Guilty to Insider Trading David Baazov, the embattled CEO of Canadian online gambling company Amaya Gaming, has pled not guilty to the insider trading charges filed against him in March.
On Monday, Quebec securities regulator Autorité des marchés financiers (AMF) confirmed that Baazov (pictured), two other […]