Canadian company acquires PokerStars

Tweet Acquisition of PokerStars A Canadian company, Amaya Gaming Group Inc., announced it has entered into a $4.9 billion deal to acquire all of the shares of Oldford Group, the Isle of Man company that operates PokerStars and Full Tilt Poker. PokerStars was founded by Canadian Isai Scheinberg. Amaya said that it believes the transaction […]

Canadian pleads guilty to money laundering in US over online gambling

Tweet Nelson Burtnick, the Canadian executive who was indicted for money laundering in April 2011 in connection with his role operating the Full Tilt Poker gambling website, pleaded guilty to money laundering today. He was indicted, along with several others, for money laundering, bank fraud, and illegal gambling for disguising payments from U.S. gamblers as […]

U.S. charges 3 Canadians affiliated with PokerStars, Full Tilt Poker and Absolute Poker with money laundering in $3 billion indictment

Tweet The U.S. Attorney and the FBI today unsealed an indictment today charging 3 Canadians with money laundering, bank fraud and illegal gambling in connection with the operation of Internet gambling websites that provide online gambling services to U.S. residents. Eight other individuals, mostly residents of the U.S., were also indicted. The defendants include the […]