• State of Washington Seizes $553K From Online Payment Processor

    02 November 2010

    Newspaper

    It didn’t take long after the Sept. 23rd decision by the state of Washington’s Supreme Court that their ban on online gambling did not violate the U.S. Constitution for their federal prosecutors to seize $553,000 from Secure Money, Inc.

    Prosecutors asked a U.S. District Court judge to order the balance of 6 bank accounts they say are associated with the Canadian company to be forfeited to the government. According to a civil complaint filed on October, Secure Money, Inc. was paying payments to online poker players and labeling them as “payroll” checks.

    In court documents, 7 Washington residents was said to have received payments through Secure Money, Inc. In January 2009, an undercover agent with the state Gambling Commission began playing at Ultimate Bet. In July he requested a payment of $200 and received a check from Secure Money, Inc.

    Assistant U.S. Attorney said in the civil complaint:

    Secure Money, Inc. distributed checks on behalf of illegal websites that host gambling activity. Processing checks that represent the funds derived from illegal gambling … constitutes a violation of the money laundering provisions.

    The Poker Player’s Alliance executive director John Pappas is working on appealing the law. Pappas believes that a legislative route is the best chance to overturn the law and not go to the U.S. Supreme Court.

    “It would be a big challenge just to get the U.S. Supreme Court to hear it, and then if they did hear it I don’t know if there’s enough on record for a decision the PPA and its members would like,” Pappas said.

    Currently in this case, a seizure warrant has been issued but so far there has been no criminal charges filed.

    Related News

    • 02 November 2017

      Malaysia Cracking Down on Illegal Gambling; New Law Possible

      Malaysian authorities are making good on their promise to crack down on illegal gambling operators, including online providers. The country's Common Gaming House Act 1953 was created before the advent of online gaming, and although still considered illegal, some operators have found ways to get around the act by using family entertainment center licenses and other means. One politician wants to close any loopholes that might exist. Latest Crackdown

      Read full article
    • 29 September 2017

      Bede Gaming Pursuing Future Partnerships

      Leading software giant in the gambling industry, Bede Gaming, has directed its forces on building stronger relationships with key operators, deeply widening the business network and strengthening its position. By working closely with proven casino establishments, the company is due to ensure higher performance ranks and further adjustment of the award-winning gaming platforms. Back-up Approach For Operators

      Read full article
    • 24 August 2017

      What is the Internet Gambling Amendment Bill?

      All legal online casino gambling and real money poker play will soon become a thing of the past for Australians. On August 9 the Senate passed The Interactive Gambling Amendment Bill 2016. The writing had been on the wall since the bill was introduced on the floor of the House of Representatives of the Australian Federal Parliament on November 10, 2016. The bill amended the Interactive Gambling Act 2001 (IGA).  Where did the IGA Amendment Bill Come From?

      Read full article