Thursday, 28 June 2012
Former banker John Campos has been given a three-month prison sentence for his role in illegal payment processing for poker sites.
According to news agency Bloomberg, Manhattan District Judge Lewis Kaplan rejected Campos' request for a non-custodial sentence and in addition to the jail time, Campos was given three years' probation and was banned from serving as an officer or director of a bank. Campos, a former vice-president Utah's Sun First bank admitted to processing $200 million in gambling proceeds from late 2009 onwards. He was charged with violating the Unlawful Internet Gambling Enforcement Act as part of the Black Friday proceedings.The 59-year-old had pleaded guilty to a single misdemeanor charge in March but Judge Kaplan initially rejected the agreement reached with US prosecutors, questioning why Campos hadn't been charged with a felony. Kaplan accepted the single charge at a later hearing in April.According to the Associated Press Judge Kaplan described Campos' misdemeanor as a 'greed-driven crime' and that he was 'extremely lenient' in handing down a sentence of just three months.
The sixth annual edition of Grosvenor Casinos’ Goliath tournament series may have begun last week but players are being advised that there is still time to qualify for seats into its prestigious £120 buy-in main event.
Land-based and online gaming products innovator Scientific Games Corporation is set to run its second annual Shuffle Master Classic event next month offering one lucky poker player the chance to walk away with $100,000 in cash.
Land-based casino operator Estoril Sol has been awarded the first online gaming license for Portugal and has teamed up with platform provider Gaming1 to launch the new EstorilSolCasinos.pt domain.
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