19 Oct 2016
Paul Tate, the former payments director at pre-Amaya PokerStars, pleaded guilty in the Southern District Court of New York on Thursday to one charge of operating an illegal gambling business.
Tate was one of 11 people indicted in April 2011 on charges of violating the Unlawful Gambling Enforcement Act, bank fraud and money laundering, after the US Department of Justice seized the domains of PokerStars, Full Tilt, and Cereus on the day now referred to as Black Friday.
According to Fortune, the 42-year-old British citizen told the court he began working for PokerStars in 2006, doing technical work and engaging with payment processors.
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