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Tzvetkoff is an Australian citizen who is facing some of the largest anti-online casino gambling charges that have taken place in the past more than three years. The UIGEA took effect in 2006 and has since forced foreign online casinos to exit the internet gambling market by limiting the legal transactions that can take place between US gamblers and foreign gaming sites. Tzvetkoff’s company is accused of laundering hundreds of millions of dollars through the US and in the aid of supporting internet poker and gambling interests. Unlike the vast majority of executives with interests in the illegal US internet gambling industry, Tzvetkoff chose to step foot on US soil and was arrested this month on charges relating to his payment processing business.

The process of obtaining bail for Tzvetkoff was a bit difficult because he is an Australian citizen; the prosecution has claimed that Tzvetkoff is a high flight risk – the court wasn’t buying that argument and has agreed to release Tzvetkoff on bail. But, because of the fact that Tzvetkoff does potentially have access to millions of dollars in online casino gambling funds, the judge has placed quite a few restrictions on his freedom. Tzvetkoff has been asked to surrender his passport as well as submit to electronic monitoring.

The online casino gambling case against Tzvetkoff is valued at a significant $540 million case that the prosecution has built. The powerful lawyers on Tzvetkoff’s side are pointing to Tzvetkoff’s character and clean past record as an indication of his innocence in the charges and claims that the US government are making against him.