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Microsoft, Google and Yahoo will go into Christmas $32 million poorer, but still protesting their innocence, after having agreed to settle the civil settlement that claimed they had accepted online ads promoting illegal gambling.
The claim was made by the US authorities for the period 1997 to 2007, as under federal law online gambling on sports and casino games is illegal. Out of the $32 million, Microsoft will have to cough up $21 million, of which $7.5 million will go to children’s charities.
In addition they “will also fund a $9 million three-year advertising campaign to alert young people to the illegality of online gambling.”
Via [BBC]
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