Feds Up Ante In NY Poker Case To Protect Anti-Gambling Law

Law360, New York (September 18, 2012, 5:45 PM EDT) -- The U.S. government's decision to appeal a New York federal judge's ruling that poker is a game of skill in the relatively small-time case of a card sharp is a risky move designed to protect what has been a cash-cow gambling statute before the ruling can be replicated, experts said Tuesday.

Federal prosecutors in Brooklyn signaled their intent Friday to challenge U.S. District Judge Jack B. Weinstein's headline-grabbing, 120-page ruling, issued Aug. 21, that said defendant Lawrence DiCristina's card game did not constitute gambling as defined...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.