Google, Yahoo & Microsoft Forfeit Pocket Change in Gambling Settlement
ZDNet is reporting the big three search engines have agreed to settle accusations that they were promoting illegal internet gambling.
The deal with the US Justice Department totals $31.5 million, with the money going to public service announcements about illegal gambling…
Microsoft will pay $4.5m to the US government, $7.5m to the International Center for Missing and Exploited Children, and provide $9m worth of public service advertising…Yahoo’s settlement of $7.5m includes forfeiting $3m to the US government and providing $4.5m worth of online ads for a public service advertising campaign. Google will pay $3m, the department said.
Now, here’s a question for you. How much money do you think Google, Yahoo, and Microsoft made off of illegal gambling ads? I suspect this settlement was as favorable to the search engines as the click fraud one.