It appears from recent communications casino gambling that e-cash processor Neovia Financial plc (then Neteller plc) has achieved a clean slate from online casinos US Justice officials.
The company’s founders, Stephen Lawrence and John Lefebvre, fell foul of federal authorities back in 2007 which ultimately led to Neteller pulling out of the North American market and extensive negotiations with US officials. These culminated in an agreement to forfeit $136 million and admit to operating an “unlicensed money transmitting business” and participating in the promotion of “unlawful transactions” between online gambling operators and players in the United States.
The Justice Department’s side of the agreement included an undertaking to defer prosecution for a period of two years, and this period has now expired, concluding the agreement and lifting the threat of any prosecution for past issues from Neovia - the successor to Neteller and parent of the old company.
This week the US Attorney’s Office for the the Southern District of New York confirmed the expiry by furnishing Neovia with a copy of the Notice of Dismissal of the Complaint filed against it in the United States District Court for the Southern District of New York.
The Notice of Dismissal means that Neovia has met all the conditions of the Deferred Prosecution Agreement and will no longer be subject to monitoring.
Mobile gambling technology provider Mfuse and UK magazine company Dennis Publishing have partnered to launch a new mobile gambling casino branded Monkey Mobile Casino - an extension of the publisher’s Dennis Monkey Magazine aimed at the male 18 to 25-year-old demographic.
A spokesman for the company said that the new service uses Mfuse’s Litebet, a new approach designed to quickly provide customers with white label betting capability.
It will carry mobile betting from brands such as Gala Coral, Ladbrokes, Paddy Power , Sportingbet, Stan James, Victor Chandler and William Hill sportsbooks, and online casinos including Ladyluck’s, mFortune, Wild Jacks and Zero36.
“We’re always looking for new ways to enhance the experience provided through Monkeymag.mobi and to drive additional revenue,” Dennis partnerships and mobile manager Andrew Nicholls said. “Mfuse have a solution which helps us in both of these aims.”
Dennis has other interests in online gambling: it is also the publisher of 3D online poker site PKR’s magazine Stacked.