Douglas Rennick

Canadian Indicted for Processing U.S. Web Gambling Payments

Authored by Mark Hefflinger on August 7, 2009 - 9:39am.
New York - A federal grand jury has indicted a Canadian man accused of helping process more than $350 million in payments for online gambling companies, in violation of the U.S. Unlawful Internet Gambling Enforcement Act. The indictment comes as legislation has been introduced in Congress to repeal the U.S. ban on Internet gambling, and instead license and tax such operations.