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Old 08-13-2007, 12:24 PM
MiltonFriedman MiltonFriedman is offline
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Default Re: Sensationalist Party Gaming Thread

You need to remember something really odd about the US Atty in New York at the press conference announcing Neteller prosecution. Namely, he explained why "good" companies, like Paypal/Ebay were not prosecuted because they disgorged profits.

The danger is that Party will throw US poker players under the bus to get off for $900 million. The hope is that they will instead get a "no violation" deal, not just a "no prosecution" deal. (Whether they also throw in the "uncoded transactions" angle would also be interesting.)

The US Atty in the SDNY is not the same guy as the US Atty in Utah or in Missouri.

A possible Party deal ??? (Caution, completely speculative comment to follow) The best possible deal would be, Party pays for a pass on uncoded transaction prosecution, gets a gratis pass for its Poker past under the Wire Act.

Keep in mind you are looking at over $1 Billion versus a prosecution for what ??? Party should improve upon the standard deal and get it sweetened enough to re-enter the US market.
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