Originally Posted by deemikey
Huh? I never said anything about "don't worry". I'd be pissed if Bovada gets shut down, I play there regularly.
At the same time, any US players keeping cash on offshore US-serving sites should be well aware of the risks (if not likelihood) that one day they might wake up and find the site gone. I hate that the situation is like this, but unfortunately that is the case at present.
There has never been an instance where the US has made ANY website using a non dot.com address disappear. You give (well, implied at least) these goons powers they don't have. What they can do, is seize a truckload of money from a company by freezing bank accounts and they can issue indictments from a grand jury (practically meaningless without extradition). If a site goes off line, it's because the owners choose to do it. Am I splitting hairs here? Maybe to a certain degree, but I get a little nauseous when citizens give these rats in the US justice dept.more power than they really have (although they have plenty). Pokerstars left the US because they made a deal with the DOJ. FullTillt left because they had all their money frozen and were broke (running a deficit to begin with).
In theory, what you said is correct due to pressure by the US for a voluntary shut down, but it's not like the US can make any website hosted in another country go poof.
In regards to Bovada, I keep plenty on there, and I am well aware that the money I have there is just numbers until I convert it to Federal Reserve Notes that are in my hand. But give them a little credit, they know everyday the US is looking to seize money from them, so they have a fighting chance if they are properly prepared. Another thing to remember about Bovada is the involvement of the Mohawk Indian nation in Canada. It get's a little politically sticky when the US goes after a sovereign Canadian Indian tribe.