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usbarbadosslim93
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15 April 2011 - 10:22pm

Three Largest Online Poker Sites Busted By The FBI

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If you are an American online gambler, the world just got a little more bleak for you. The FBI has indicted executives for some of the largest online poker websites. Link is below. What do you think this means for us, and do you think they will do anything to start going after our beloved casinos? This makes me wary...

http://latimesblogs.latimes.com/money_co/2011/04/three-largest-online-po...

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auCL-Ed
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16 April 2011 - 12:05am
#1

It sounds to me like some incredibly stupid stuff has been going on, irrespective of where you stand on the legalisation issue. I mean, bribing banks to process your payments to U.S. players is just plain dumb.

Full Tilt is still up for me so it remains to be seen whether they have just blocked the domains for U.S. IP addresses.

But really, of all the issues the U.S. government has to deal with, and the economy that's approaching basket case status, they choose to do this instead of coming up with some effective laws to tax and regulate the industry. Their priorities are mind boggling.

As for how it will affect casinos, it is hard to say. If they are offshore and they are not using U.S. banks, and domains not registered with U.S. companies etc then they should be harder to touch. But you never can tell with the "world police", they like to enforce their laws wherever they feel like it.

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caPureCountryMoe
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16 April 2011 - 12:08am
#2

Wow..Just hit your posting and link. I also went to FullTiltPoker.com and yes it does have an FBI posting on their home page. As a Canadian I feel really bad for my American Friends. I play on these sites and have met so many wonderful people. I hope the American gov't gives people a choice.
All my best Moe

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auCL-Ed
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17 April 2011 - 5:13am
#3

Just confirming I can't access FTP any more either. And my client needs a software update which fails so I cant even log in to see if I can get access to my few hundred bucks or so in there.

Well the Rival casinos have made a move: Rival white-label casinos stop accepting new U.S. players

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auCL-Ed
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18 April 2011 - 1:49am
#4

I managed to get the latest Full Tilt software as fulltiltpoker.co.uk is unaffected. My money is still there and the games are still ongoing, which is a relief.

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19 April 2011 - 4:32pm
#5
CL-Ed wrote:

But you never can tell with the "world police", they like to enforce their laws wherever they feel like it.

I would like to ask you a question Ed, since you have pretty strong opinions in regards to the US. We are discussing the online gaming situation and everyone and everything it effects with the US gambling ban and not world politics. For which by the way i'm not opposed to discussing. But the topic at hand here is UIGEA.

It is difficult for me to get a grip on why your opposed to the legalization for US players. If i rememeber correctly you have made mention in a previous thread that it would be better as a whole if the ban was not lifted.

The plus side of legalization i would think far out way the negative aspects as far as i see it. It's going to give the US player freedom to play where ever they wish as well protect them. But it is not only that, the industry is going to flourish. I mean if we make up the biggest region of gamblers now, can you imagine the magnitude of players when it is legal? Not to mention that not only will the US be fattening their wallets, but so will the casinos and the affiliates. Revenue coming in will definately have a positive effect on the current economy and national deficit.

Dodging the bullet of having funds confiscated, operators scrambling to find new processors, sites running the risk of the feds seizing their operation doesn't exactly seem to be the best way to live for any of us. Maybe none of this wouldn't matter so much if it was another country that was banned. In fact their are plenty who are. But its all about the almighty dollar and the bottom line is the US is feeding it more then any other region.

Unfortunately ya can't have your cake and eat it too. Either it is completely banned and the US is closed off from even entering a gambling site with internet blocks or its regulated. I think i will go with the ladder.

Usne

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rsCatFace
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19 April 2011 - 9:54pm
#6

What I find irritating is that each and every US government pushes forward the story of democracy, human freedoms, rights, etc. Where are those rights now? Where are the freedoms to do whatever you want with your money? And as if that wasn't enough, it's not only the poker companies that are affected by this stupid move, there's a whole bunch of people, including players, sponsored institutions and many others that see the prize and donation money simply walk away without being able to do anything about it.

The real aim of this move is just soooo dodgy, if you ask me...

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auCL-Ed
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19 April 2011 - 10:35pm
#7
Usne wrote:

It is difficult for me to get a grip on why your opposed to the legalization for US players. If i rememeber correctly you have made mention in a previous thread that it would be better as a whole if the ban was not lifted.

?? Not sure how you got that impression! I am totally in support of regulation and legalisation. It will mean a better calibre of casinos will enter the market and give U.S. players more choice and competition. And assuming it is properly regulated, hopefully better oversight on who gets a license to operate a casino. Not to mention protection for players from getting ripped off.

Maybe it was because I have said before that legalisation may not be all good though? It will likely mean U.S. players have to pay taxes on winnings, and if it happens on a state by state basis (like Washington D.C. recently) then it could fragment the market and end up giving players less choice. By its a risk that is worth taking if it ends this ridiculous state of affairs.

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19 April 2011 - 11:02pm
#8
CatFace wrote:

What I find irritating is that each and every US government pushes forward the story of democracy, human freedoms, rights, etc. Where are those rights now? Where are the freedoms to do whatever you want with your money? And as if that wasn't enough, it's not only the poker companies that are affected by this stupid move, there's a whole bunch of people, including players, sponsored institutions and many others that see the prize and donation money simply walk away without being able to do anything about it.

The real aim of this move is just soooo dodgy, if you ask me...

Sadly its not just gambling. U.S. freedoms have been eroded massively in the last decade since the September 11 attacks. Fingerprints and full body scanners at airports, attacks on consumers with the DMCA laws, illegal wire taps, Guantanamo Bay, the list goes on. It saddens me to see a country full of great people pushed around by their own government which is in the pockets of the corporations (Republicans and Democrats mind you - it hasn't seemed to matter who is in charge). Its the same where I live too so don't take this as a "holier than thou" rant! Its bloody frustrating!

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usUsne
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21 April 2011 - 4:24pm
#9

Sigh............it most certainly is very frustrating. Makes me want to sit down and say.............

Grandpa, tell me 'bout the good old days
Sometimes it feels like
This world's gone crazy
Grandpa, take me back to yesterday
When the line between right and wrong
Didn't seem so hazy

Grandpa, everything is changing fast
We call it progress
But I just don't know
And Grandpa, let's wander back into the past
And paint me the picture
Of long ago

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