Online Casino CEO’s Fall From Forbes Billionaire List
By Miriam H
The introduction of US gambling laws have meant online gaming tycoons including Bodog founder Calvin Ayre and PartyGaming founders Ruth Parasol and Russell DeLeon, have failed to make the Forbes magazine’s coveted Billionaire list.

Calvin Ayre, the founder of the powerful Bodog brand, dropped off the list a year after making the front cover. Canadian-born Ayre took his spot on the list in 2006 when his net worth hit $1 billion, but the UIGEA has made it difficult for American players to move money into online accounts, causing company stocks to plummet.

PartyGaming founders Ruth Parasol and Russell DeLeon were in the middle of the billionaire list in 2006, worth $1.8 billion each but started 2007 in a weaker position as the UIGEA forced them to stop taking American play.

But where others faltered one online gambling entrepreneur succeeded in keeping his spot on the Forbes list. India's Anurag Dikshit finished 618th with a net worth of $1.6 billion. Dikshit developed the software that powered PartyGaming and assisted Parasol and DeLeon in the launch of their brand.

 
 
 
 
 
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