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Teufelberger Finally Released After Belgian Questioning

[caption id="attachment_29704" align="aligncenter" width="425" caption="A free man after being let go in Belgium"][/caption] Bwin Co-CEO Norbert Teufelberger was finally released from Belgian authorities after he was taken into custody yesterday for questioning. Bwin came back swinging, claiming that laws restricting foreign-based gambling operators are not in line with European Union law. Tuefelberger was credited for…

Bwin.party co-CEO Held And Questioned In Belgium

[caption id="attachment_29573" align="aligncenter" width="425" caption="Taken In For Questioning"][/caption] Looks like what happens in the US can also happen in the EU.  Norbert Teufelberger from Bwin and chairman for the European and Betting and Gaming Association (EGBA) was at a conference this afternoon where he was approached by the police, detained and questioned. All this has…

Black Friday Payment Processor Ira Rubin Sentenced

Bloomberg reported recently that Ira Rubin, one of the 11 men indicted by the US Department of Justice on Black Friday, has received a three year prison sentence. Rubin was also ordered to forfeit $5 million he made by illegally processing payments for online poker rooms PokerStars, Full Tilt Poker, and Absolute Poker on behalf…

Calvin Ayre INDICTED

[caption id="attachment_17793" align="alignright" width="291" caption="INDICTED"][/caption] We've just learned that Bodog founder and gambling magnate Calvin Ayre was indicted Tuesday morning, following the seizure of the Bodog.com domain name by federal prosecutors Monday night. Update: We've gotten our hands on the actual indictment! View the Calvin Ayre indictment here! The charges? Operating an illegal gambling business…