ikshit's sale of 38.8 million shares generated us$ 169.7 million for his charity, the Kusuma Trust, The Daily Mail said. Partygaming is currently engaged in talks on a possible merger, the report noted.
He paid a us$ 300 million fine to the US, and has a December sentencing date, for admitting to running illegal online gambling sites taking US customers.
Dikshit had previously unloaded about two-thirds of his PartyGaming stock in October. The sale of his remaining ownership, comprising over 9 % of the company, brought him about us$ 170 million.