It’s amazing to think that this case stretches back to the Black Friday poker closures of 2011, but it does. And now, PokerStars founder Isai Scheinberg knows his punishment for allowing his company to operate in America after UIGEA. Mr. Scheinberg has avoided jail time and must pay a paltry $30,000 fine. He could have received a prison sentence between 12 and 18 months, but elected to plead guilty to one count of operating an illegal gambling business in March, resulting in an exceptionally lenient sentence. Charges of bank fraud and money laundering were dropped as part of his plea…

Nearly a decade after the U.S. Department of Justice seized popular poker website domains, like the PokerStars Black Friday incident. The founder of PokerStars has plead guilty to gambling charges, but what lies ahead for him? Plus sports betting news from Washington State, are also discussed. Well my friends, here we are again… week three of a global lock down as the world battles this damn Coronavirus! We don’t have martial law yet, but hey at this point nothing would surprise me! And what could be bigger news than that? How about a 73 year old man that the US…

In one of the last chips to fall from the Black Friday fiasco years back, the PokerStars founder plead guilty to operating an illegal online gambling business and could go to prison. Isai Scheinberg entered his plea in a New York federal court earlier this week.. The plea comes two months after the 73-year-old duel citizen of Canada and Israel originally surrendered to U.S. authorities. He was released on $1 million bail after initially pleading not guilty to all charges. Scheinberg is now facing up to five years behind bars. Scheinberg founded PokerStars in 2001 and continued to operate in…