LAWSUITS NEWS & LEGAL INFORMATION
Internet Gambling
St. Louis, MO: (Dec-19-07) Federal agencies brought lawsuits against Internet companies Microsoft, Google and Yahoo, alleging that the companies promoted illegal gambling. In settlements reached with the agencies, sources close to the case revealed that the companies have agreed to a total payout of $31.5 million to resolve claims. Of the consolidated figure, Microsoft will pay $21 million. Company spokespersons denied allegations that between 1997 and June 2007, the company received payments from online gambling businesses for advertising online gambling.
Google was accused of receiving payments from online gambling businesses for advertising online gambling between 1997 and June 2007. It paid $3 million to resolve claims. Yahoo's $7.5 million payout resolved accusations that the company received payments between 1997 and December 2007. The settlements involve corporate conduct the government found in violation of the Federal Wire Wager Act, federal wagering excise tax laws, and various states' statutes and municipal laws prohibiting gambling, according to a release from the US Attorney Catherine Hanaway's office. [INFORMATION WEEK: INTERNET GAMBLING]
Published on Dec-23-07
Google was accused of receiving payments from online gambling businesses for advertising online gambling between 1997 and June 2007. It paid $3 million to resolve claims. Yahoo's $7.5 million payout resolved accusations that the company received payments between 1997 and December 2007. The settlements involve corporate conduct the government found in violation of the Federal Wire Wager Act, federal wagering excise tax laws, and various states' statutes and municipal laws prohibiting gambling, according to a release from the US Attorney Catherine Hanaway's office. [
Legal Help
If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.Published on Dec-23-07
