The three search engine giants of the industry, Google, Microsoft and Yahoo! have reached on a settlement of paying $31.5M to the US Justice Department. The Justice department had charged the companies of taking money for placing Illegal gambling advertisements.
Under the settlement, the three companies will contribute $ 31.5M to the US Justice Department. This money will then used to set up a fund which will air public service announcements educating people that online gambling in the United States is illegal. Microsoft is the highest contributor to the fund and will be paying $21 million, while while Yahoo will be contributing $7.5 million and Google would pay $3 million. Also, taking the initiative a step further Microsoft would also be contributing $9 million to International Center for Missing and Exploited Children.
Other than money, both Microsoft and Yahoo have collectively agreed to provide free online advertising space for public service campaigns. The fronts will be aimed at spreading awareness about online gambling and its legal implications under US law. However, it would be a million dollar question if somebody could tell, how much money did they actually make placing the illegal ads!?
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Navneet Kaushal, CEO PageTraffic is a trusted authority in the search engine marketing industry. He is a featured author at Web Pro News, Search Newz, Website Notes, DevWebPro, SEO Article and Web Help Now among many others.
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{ 3 comments… read them below or add one }
I don’t get it, people love to gamble, what is the problem with that?
Be better to make the world more green before kick the gambling.
fantastic, i love gambling and i play a lot, where is the problem?
google wrong
You are right ^^ An older mentor of mine showed me the rule that 66% of your games will be determined by luck. You just have to make sure you win the other 33%. We worked with each other with this page: ProComputerGambler Another way to think about it is to realize that you're tossing a coin…you need to be on the right side of the flip.