The billionaire co-founder of PartyGaming, Anurag Dik****, has pleaded guilty to a charge related to illegal online gaming and will pay a $300 million fine to US authorities, Gamblingboard.com learned Monday evening.
Dik**** also could serve up to two years in prison.
He is Party Gaming's largest shareholder, holding a 27 percent interest in the company.
Dik**** is a billionaire Indian businessman, the richest man in Gibraltar and the 207th richest man in the world. As a co-founder of PartyGaming, parent company of the world's leading online poker site PartyPoker.com, he is one of the youngest billionaires in the world