ivey at a final table right now lol
he also is famous for 1mill dollars a roll in craps so $$ can go quick lol

Nobody on here, nor the PPA either, knows a congressperson well enough to send a letter to the DOJ to ask what's going on?

You're the one who knows Wendeen.

Pretty sure they could cough up a fair amount if they were told 20 yrs at Fulsom or Levanworth. lol

Maybe the DOJ is holding those charges as a wild card. Who Knows?

The discussion was about the plan either Lederer or Ferguson have to capitalize on a hypothetical announcement, yet somehow you've twisted it around to where I need to provide proof that these two guys aren't hiding away on some foreign land, and that the hypothetical announcement is guaranteed to occur.

During the GBT negotiations, S:P reported: Regardless of whether you consider that a reliable source, what sense would it make to continue a civil case against a company that has forfeited all of it's assets?

If they don't get enough money for those assets to make all victims whole, or structure the deal in a way that all of the money used to repay players isn't derived from those assets, they will likely press forward with the individual civil suits.

It's actually possible that the deal could have been announced four weeks ago, apparently none of the bad news that people like myself thought may have effected the deal (Spanish taxes, NJ UIGEA i-poker amendment, KY, etc) have altered Scheinberg's resolve or we would be hearing those rumors.

But SDNY would likely want to have Judge Kaplan in the rear view mirror first - which for the most part he will be after this month - so the concept of an announcement coming the first week of July is not unreasonable or 'Twilight Zone', though some people will falsely conclude that the WSOP schedule played a role.

Obviously it wouldn't be entirely complete, but if they waited until it's complete (with much of the completion process occurring in public) it wouldn't be much of an announcement.

What i meant is if FTP or the DOJ doesn't have the money that rightfully belongs to the players, then in all fairness, the business/software rights should rightfully belong to the players. Therefore the DOJ is dealing with what should be the players and not giving any info of the dealings to them. To me, that just isn't right, regardless of if i personally have money on the site or not.

True, but here's a bit of a personal Wendeen story. I was playing Stud/8 at the Bike some years ago w/ a former Mayfair player when he pointed out Wendeen walking by. I asked 'should we go say hello?', he said 'are you out of your mind?' He was right and I dasn't get in touch w/ her. Somebody else do it.

DOJ doesn't have the business or the software.. FTP does.

I have a question that i wanted to know. Had Lederer, Ferguson didn't do these cheating with the money nor pokerstars did those money laundering... would we still be able to play on those sites today?


Basically i'm asking is was Black Friday bound to happen no matter what? Like even if internet poker got regulated in the usa... surely the big sites like stars and full tilt would had to be closed off to usa players... am i right on this part?

The plan (Harry Reid) in Dec 2010 was to have a 'black out' period (1yr?), where any site that continued to offer poker would get shut down and perma-banned, then PS and FTP would only have been able to operate if they partnered with a B&M casino.

That plan never made it to a vote, the DOJ moved ahead with their indictments, and the current administration is saying that i-gaming (like all other gambling) is a State matter, so whether or not PS/FTP get back in will be up to each State that (so far only NV) that passes a licensing bill.

Regardless, you're correct that PokerStar.com and Fulltiltpoker.com would have been closed to the US, if they come back it would likely be as a 'WynnFTP.com' type partnership.

This week?

tamiller, I bet even after PS,FTP settles with the DOJ that it wont be just as simple as them parting with a NV casino to be allowed to operate in most states ,those that decide to regulate online poker.

Once states see that PS and maybe FTP were able to settle with the DOJ I'll bet a few states go looking for $$$$$ from them for violating state law in some way. Also while NV may be willing to allow some offshore sites with a past to partner with B&M casinos many other states with stricter gaming regs (Like NJ) might have a problem with allowing a licenses to a company with a past. It will be interesting to see how this all plays out over the next few years.

nova,

I never bet against the casinos, especially the ones in NV when it comes to politics. Who would have ever imagined they would be able to get Congress to pass a bill giving them a monopoly on sports betting?

PASPA is the most creative dodging of the Constitution ever signed into law, and it won't surprise me at all if NV manages to pull off something similar with i-gaming.

Somehow when all the dust settles, I expect to see NV licensing whoever they want, with the rest of the states having to choose between letting their players play on NV/NJ sites or not getting any of the revenue.

POTUS says it's a 'State matter' for now, but he's 'open to ideas', so my money would be on it becoming a 'Federal issue' after the election when other States start voting for it - just like sports betting did when some states started adding sports parlays to their lottery - with NV, IL (Obama) lottery (and possibly NJ/CA) getting grandfathered.

AFAIK, the money laundering etc. done by stars and FTP was what made it possible for them to get U.S. deposits and withdrawals in the first place. If they had not done those things you still wouldn't be playing on them today - you never would have been in the first place.

Phil was blowin up my news feed earlier on facebook bout his final table. http://www.facebook.com/philivey and figured I'd come check this thread for the first time in a couple weeks. I must say it's ****ing encouraging as hell to see the same exact "This week!!!???" posts as every other time I've looked.

I asked Phil in the comments section of his final table post if he enjoyed blowing 40 mil+ of our money, and told him that I completely feel bad for him Howard and Ferguson and that his 'lolwhateverbro' attitude is completely understandable.

Comment was deleted within 1 minute. got that Facebook PR security on lock yo! lol...

You do know it's not him on Facebook right lol

Are we there yet

this/next week/month/year

Really? I always pictures him as an extreme social media power user in general, but especially when playing final tables. <3

How about now

Finally someone with the facts and the balls to say what should be said.

when the **** is the dead silent going to end, these clowns act like they are doing top secret nasa alien autopsy.the need to get over themselfs and let the "victims of fraud" know if things are progressing or not