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$31.5m ‘fines' for online gaming
The US government has extracted a settlement worth $31.5 million from three online giants - Google, Yahoo! and Microsoft. All three neither contest nor admit they received payments from on-line gambling businesses for advertising on-line gambling between 1997 and June 2007.
The deal involves a mixture of cash and three-year online public service advertising campaigns due to begin early in 2008.
These 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.
These sums add to the over $40 million in forfeitures and back taxes the US Department of Justice has recovered in recent years from operators of remote-control illegal gambling enterprises.
