Online poker seizure made front page of Yahoo finance. - Page 5 - Internet Poker

Two Plus Two Forums Online Poker Sites & Marketplaces Online Poker Sites Discussion of Poker Sites

Online poker seizure made front page of Yahoo finance.

Post Reply Subscribe

...

Page 5 of 19

First

1 2 3 4 5 6 7 8 9 10 15

Last

Page 5 of 19

First

1 2 3 4 5 6 7 8 9 10 15

Last

06-09-2009 , 07:51 PM

#101

chondo

adept

Join Date: Apr 2008 Posts: 830

Last edited by chondo; 06-09-2009 at 07:51 PM. Reason: missed totp:(

Quote

06-09-2009 , 07:54 PM

#102

BeatPurdue

adept

Join Date: Aug 2006 Posts: 1,120

Quote:

Originally Posted by Buster Tilton

He's feeding us lines. Nothing more and nothing less. You think they are going to come to this forum and admit defeat, or say ANYTHING that would hurt their business beyond what is already happening? I think not.

If that was the case I doubt Doug would say anything at all.

Quote

06-09-2009 , 07:57 PM

#103

jmillerdls

veteran

Join Date: Jul 2005 Posts: 3,485

Quote:

Originally Posted by BeatPurdue

If that was the case I doubt Doug would say anything at all.

Really? Reassuring words do nothing to hurt them, and will convince naive people that all is safe. Why not come here and say something? I'm not saying that what he says won't turn out to be correct, I'm saying that if he knew otherwise, he'd still say it.

Quote

06-09-2009 , 07:58 PM

#104

ZeroPointMachine

old hand

Join Date: Jul 2005 Posts: 1,816

Quote:

Originally Posted by Mitch Evans

This I believed yesterday. Today, I'm not so sure. It's possible that the figure went from 14M to 30M because they shut the other accounts of said processor from Calif. My check should be here tomorrow...

I think the original $14 million figure was Stars exposure and the $30 million is the total from all sites.

Quote

06-09-2009 , 07:59 PM

#105

panzilla123

newbie

Join Date: May 2009 Posts: 40

Quote:

Originally Posted by BeatPurdue

If that was the case I doubt Doug would say anything at all.

to stop ppl panic and take out their money then yes I believe they will state something like that.

As right now i dont care which is right or wrong..
Once i see the money in my bank and can be use then i will believe Doug..

As right now... 2 echeck and 2 check pending.

Quote

06-09-2009 , 08:11 PM

#106

Mitch Evans

Pooh-Bah

Join Date: Jul 2005 Posts: 5,633

Quote:

Originally Posted by ZeroPointMachine

I think the original $14 million figure was Stars exposure and the $30 million is the total from all sites.

Pure conjecture, yes? I'm basing my opinion on the multiple use of the phrase bank accounts frozen, but I don't mind being wrong - not at all.

Quote

06-09-2009 , 08:23 PM

#107

oaklag

enthusiast

Join Date: Aug 2008 Posts: 72

Quote:

Originally Posted by chondo

This is the best post in this thread. Thx Doug for the quick response.

Quote

06-09-2009 , 08:24 PM

#108

ZeroPointMachine

old hand

Join Date: Jul 2005 Posts: 1,816

Quote:

Originally Posted by ZeroPointMachine

I think the original $14 million figure was Stars exposure and the $30 million is the total from all sites.

Quote:

Originally Posted by Mitch Evans

Pure conjecture, yes? I'm basing my opinion on the multiple use of the phrase bank accounts frozen, but I don't mind being wrong - not at all.

You could be right. I thought when the $14 million figure was first mentioned it was linked to Stars specifically but I can't find where it came from. I could be completely wrong.

Quote

06-09-2009 , 08:24 PM

#109

AgressiveDog

banned

Join Date: Jul 2008 Posts: 2,962

sad news for americans and maybe good news for all the non american regs ? j/k

changing the topic a little bit i have seen that there are like 5to 7regs who have won a lot on 1/2 and still playing at this level some of them i believe post here ... so here is the question why dont you guys just move up ? is the skill gap that big that you rather keep playing 1/2 ??

Quote

06-09-2009 , 08:24 PM

#110

Buster Tilton

centurion

Join Date: Sep 2008 Posts: 106

Quote:

Originally Posted by oaklag

This is the best post in this thread. Thx Doug for the quick response.

Yes, props to the mouth breathers.

Quote

06-09-2009 , 08:32 PM

#111

Maso777

Carpal \'Tunnel

Join Date: Jun 2008 Posts: 6,962

Quote:

Originally Posted by AgressiveDog

sad news for americans and maybe good news for all the non american regs ? j/k

lol

Quote

06-09-2009 , 08:40 PM

#112

Brutalizer20

enthusiast

Join Date: Dec 2008 Posts: 84

Prohibiting us from playing poker is blatanly unconstitutional. I look forward to this getting to court.

Quote

06-09-2009 , 08:41 PM

#113

matt nover

adept

Join Date: Nov 2006 Posts: 902

Does anyone find it ironic that during a bad economic time the government is denying American citizens their money? To me this is unreal and I'm tired of the hypocrisy of the US gov't.

Quote

06-09-2009 , 08:43 PM

#114

novahunterpa

Pooh-Bah

Join Date: Jun 2008 Posts: 5,244

Quote:

Originally Posted by Brutalizer20

Prohibiting us from playing poker is blatanly unconstitutional. I look forward to this getting to court.

It mentions poker in the constitution?

Quote

06-09-2009 , 08:47 PM

#115

Brutalizer20

enthusiast

Join Date: Dec 2008 Posts: 84

Quote:

Originally Posted by novahunterpa

It mentions poker in the constitution?

Yes, because it has to mention everything that you are allowed to do. Just like how the constitution says it's ok to drink, smoke cigarettes, wear pantaloons...

Quote

06-09-2009 , 08:48 PM

#116

agnostia

old hand

Join Date: Mar 2009 Posts: 1,282

surprise, surprise.... just more big government from obama

Quote

06-09-2009 , 08:51 PM

#117

phils08

Pooh-Bah

Join Date: Jun 2009 Posts: 4,661

Quote:

Originally Posted by Buster Tilton

can you get through your thick skull that US players dont account for even half of the sites traffic. If they were to do something shady they would be done for, tu comprende?

Quote

06-09-2009 , 08:54 PM

#118

levin_money

centurion

Join Date: Sep 2008 Posts: 130

[x] Life
[ ] Liberty
[ ] Pursuit of Happiness

(Declaration of Independence imo)

Quote

06-09-2009 , 08:55 PM

#119

jmillerdls

veteran

Join Date: Jul 2005 Posts: 3,485

Quote:

Originally Posted by phils08

can you get through your thick skull that US players dont account for even half of the sites traffic. If they were to do something shady they would be done for, tu comprende?

Telling us that everything is fine, keep playing and making us money and then pulling out in 2 weeks is not shady, it is just how it works. He's right. Whether what Doug says happens or not, he'd come on here and say it. Pulling out of the US doesn't mean they will do anything shady...I'm sure we will all be able to withdraw if that happens...but taking his post at face value would be naive.

Quote

06-09-2009 , 08:58 PM

#120

sba9630

Pooh-Bah

Join Date: May 2008 Posts: 4,510

Quote:

Originally Posted by burden2

The federal reserve gives orders to the U.S. Attorneys.

Quote:

Originally Posted by burden2

I wish I was Canadian.

Me too.

Quote

06-09-2009 , 08:59 PM

#121

Pyro12345

old hand

Join Date: Apr 2006 Posts: 1,651

Quote:

Originally Posted by matt nover

Does anyone find it ironic that during a bad economic time the government is denying American citizens their money? To me this is unreal and I'm tired of the hypocrisy of the US gov't.

This has more to do with the dysfunction of the levels of American bureaucracy than it does the will of the American government (as if there were such a coherent entity)

Quote

06-09-2009 , 09:00 PM

#122

bronx bomber

veteran

Join Date: Jul 2007 Posts: 3,108

Quote:

Originally Posted by phils08

can you get through your thick skull that US players dont account for even half of the sites traffic. If they were to do something shady they would be done for, tu comprende?

Nobody is saying Stars or FT would do anything shady. But if the US govt seized 30million a week for the next 7 weeks thats 210 million dollars. Now if Stars and FT continue to "make good" while they dispute the seizure (which could take YEARS) at a certain point, just from a business perspective it becomes unprofitable to continue serving US players. Not to mention that the sites are going to have to scramble like rats to find processors that will continue serving the US.

Quote

06-09-2009 , 09:09 PM

#123

Maso777

Carpal \'Tunnel

Join Date: Jun 2008 Posts: 6,962

Quote:

Originally Posted by Reasons14

Is it possible to set up a bank account in Canada and still play from the US? I have heard about a player or two doing this.

You need Canadian issued ID. If you obtained a work Visa or landed immigration status you could. If you just walk into a Bank with American ID they would not open an account.

Quote

06-09-2009 , 09:11 PM

#124

pairtheboard69

old hand

Join Date: Feb 2008 Posts: 1,520

does everyone ITT understand that the online poker industry does not depend on the USA? Most players are not american and most of the fish are not american. online poker is legal in other countries.