Gamble Craft
Home Tutorial Online Casino Reviews Best Online Casinos Casino Software Casino News

Online Casino Gambling --- Casino News

Online Casino Beginnings

Party Gaming is in some deep water with the US government – which isn’t altogether new news considering the company has been in negotiations with the US Department of Justice for nearly two years at this point. The latest information though indicates that Party Gaming may be quite close to a settlement agreement – at least one of the founding members seems to have reached a resolution. Party Gaming was hit very hard by its withdrawal from the US online casino gambling market and despite the loss of funds, market, and viability, the company smoothly transitioned into the UK market and began negotiations with the US government putting the entire situation in the past – this meant fines and penalties for pre-UIGEA activities.

As the penalty totals and results are soon to be announced, it’s valuable to look back at the early days of Party Gaming. The online casino gambling company was a top ranked gambling group with a huge share of the US market – in fact nearly 70 percent of the company’s revenue came from US gamblers prior to the 2006 withdrawal from the US market. The company was founded by four partners and though it wasn’t an instant success, by 2005 the company was making hand over fist in money and the founding members joined the billionaires club.

Anuarag Dikshit, one of the founding members, is responsible for Party Gaming’s highly successful scaleable online casino gambling platform – his design allowed the company and gambling site to accommodate for rapid growth within the US market.

Hot Topics: Slots | Roulette | Video Poker | Craps | Russia
c 2007 Gamblecraft Online Casinos - E-mail: contact@gamblecraft.com