Dominating headlines this week has been the news that Anurag Dikshit, who was one of the original co-founders of Party Gaming, the parent company of PartyPoker, pled guilty to violating the Wire Act and participating in illegal gambling in a court room in White Plains, New York on Tuesday. He agreed to pay a total of $300 million in damages and may be sentenced to up to two years in prison. The judge in the case, Jed Rakoff of the Southern District Court of New York, scheduled a sentencing hearing for December 16th, 2010, two years from the date of his appearance. The 37 year-old Dikshit came to the United States on his own from Gibraltar, which is where he resides.
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