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Dec
21

G-Y-M fined for showing illegal gambling ads

posted by thinkdj at 7:55 pm in Business News,Events,Google,Microsoft,Yahoo

In a case dating back to 1997, the companies have been accused of accepting payments from firms that advertise illegal gambling in the US.

Microsoft, Yahoo!, and Google have agreed to pay a total amount of $31.5 million towards settlement of a case alleging that the companies are guilty of promoting online gambling.

google ms yahoo fined for casino ads gambling

Microsoft will pay a total of $21 million consisting of,
$7.5 million as a charitable donation for Missing and Exploited Children
$4.5 million to the US government
$9 million towards a 3 yr public service campaign to warn youngsters about illegal online gambling.

Yahoo! will pay $3million to the US government and $4.5 million towards the public service campaign.

Google will pay $3 million to the government

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