Golden Palace Ordered to Pay Fine

December 11, 2007

The Owner of GoldenPalace.com has been ordered to pay a $2 million fine. Cyber World Group is the owner of the online gambling site, and they agreed to the fine after pleading guilty to charges of illegal gambling. The site has been known in the past for the kind of publicity that they stir up, but this one takes the case.

They were operating the online casino from a server that was located on the Kahnawake reservation, which is outside of Montreal. The servers process roughly 60% of the world’s online gambling traffic, so this is not a surprise that it would go through there. However, the problem stems from the gambling license.

The CBC reports that the Mohawk Gaming Commission has approved 443 online gambling permits, and the Kahnawake band council does not feel that they have done anything wrong. They say that it is their right under Canadian law to proceed as they have been, and that as far as the rest of the world is considered they are “doing a good job.”

They say that they only problems that they are having is with the Canadian government, and that they do not respect the job that they have done. Ever since the raid on their offices, they feel that the government has been coming after them.

However, now that they have accepted a plea there is nothing else that can really be done about it. They no longer have the option of exploring any other options, and have closed a possible entry into another way of looking at the situation. With the province maintaining that they are the only ones with the authority to give out gaming licenses, it seems that there won’t be any satisfaction for now.



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