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Poker superstar Howard Lederer, facing a $42.5 million lawsuit filed by the U.S. Department of Justice over his leadership role with a tarnished online gambling company, agreed Tuesday to settle the case, forfeiting more than $2.5 million in cash and assets.
Less than four months after Las Vegas Sands Corp. was fined for misusing Macau data laws in local courts, the company and its former top executive in the region are wrestling over the issue again.
TRENTON, N.J. – Pro sports leagues have experienced nearly unprecedented success despite the existence of illegal and legal gambling and therefore can’t claim harm if New Jersey legalizes sports betting, an attorney for the state argued Tuesday.
Clark County District Judge Susan Scann on Wednesday dismissed a shareholder derivative lawsuit against Las Vegas Sands and its board of directors, part of the fallout from the recession four years ago.
Senate Majority Leader Harry Reid sounded a pessimistic note Tuesday on chances to pass an online poker bill in the handful of days remaining in Congress this year.
