Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling - Page 144 - Poker News

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Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling

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04-16-2011 , 01:42 PM

#3576

vixticator

clutch

Join Date: Jan 2006 Posts: 117,339

This sucks. Bye bye $6.6k? Bad beat.

04-16-2011 , 01:42 PM

#3577

doomswitch3000

journeyman

Join Date: Jul 2006 Posts: 288

http://espn.go.com/poker/

Still has content, including poker shop. Just no Stars stuff and they did dump some TV stuff, which is a bad sign.

04-16-2011 , 01:43 PM

#3578

crdjeep

old hand

Join Date: May 2008 Posts: 1,417

Fulltilt out of usa for at least 2 years according to jungleman

04-16-2011 , 01:44 PM

#3579

CHAx

grinder

Join Date: Mar 2006 Posts: 666

Just keep in mind online poker is a multi billion dollar industry and there are political interests in the countries that license these businesses legally as well as political banking interests in Europe. If you think they are gonna drop their pants for DOJ without a fight and lose billions in local tax revenues, you are quite optimistic.

04-16-2011 , 01:44 PM

#3580

intheireye!

banned

Join Date: Mar 2011 Posts: 648

Quote:

Originally Posted by Always Rivers Me

Interesting point. Will this distinction be made? hope so, but it's the only glimmer of hope I see for the player money.

Will the player monies still be there by the time the case is over?

Legally speaking, why wouldnt it be?

THE MONEY IS NOT THE PROPERTY OF THE SITES ONCE DEPOSITED. IT IS KEPT BY THE SITES FOR WAGERING.

Now, if the US wants to penalize the players further by confiscating funds...thats another issue entirely....

But the deposits cannot be used to subsidized a settlement to the Gov.

04-16-2011 , 01:45 PM

#3581

PLO123

centurion

Join Date: Mar 2010 Posts: 167

Quote:

Originally Posted by As armas

This country is turning into a fundamentalist right wing christian theocracy. Its scary. I dont give a damn how these culturally conservative asshoels live out their life. All I ask is they return me the favor. Let me play my online poker you fuukking pieces of shiit. Its such arrogance that they wish to impose their behavioral world view on EVERYONE. The goal of the proponents of UIGEA was to make it near impossible to play. Now we are looking at the real possibility of their christian america becoming reality with online poker.

online poker? nope
weed? nope
evolution? nope
global warming? nope
condoms? nope
sex before marriage? nope
earth 4.5 billion years old? nope

gg and good luck everyone

04-16-2011 , 01:45 PM

#3582

_Towelie_

Pooh-Bah

Join Date: Dec 2006 Posts: 3,771

Quote:

Originally Posted by gimmieurchipies

Im from Canada and play at both sites, i have been able to download and install the updated uk client on each, I made a withdrawl off stars this morning and it seems to be processing fine, we'll see monday if I actually get it or now, I did however win a tourney at ftp last night and have a little bit of a bankroll that it seems I am not able to do anything with, even being from Canada. Any advice?

Wait? It's been 24hrs. And it's FTP, who are notoriously incompetent at some things.

Remember how last night the fulltilt.co.uk page was just a single image that served as a link to download the client? But now everything is mostly sorted on the site and it behaves normally like it used to. Just relax and give them more time to get everything sorted.

04-16-2011 , 01:45 PM

#3583

tom_dwonk

old hand

Join Date: Dec 2008 Posts: 1,590

Quote:

Originally Posted by Doug_Funnie

yeah but when they go bankrupt, we get nothing.

Completely true but maybe the US GOV makes the sites payout all existing accounts and then seizes all the left over funds? I mean the US gov cant be complete Nazis even they too must understand that people need this money... I kno the canadian gov would but who knows with these americans

04-16-2011 , 01:46 PM

#3584

Skallagrim

PPA Board Member/LSN Dir

Join Date: Nov 2006 Posts: 6,713

When the DOJ indicted Neteller and its founders, many folks posted about how that was the end of the money they had on Neteller. They were wrong, and the DOJ ultimately made sure that the player's money was eventually refunded.

04-16-2011 , 01:46 PM

#3585

timotheeeee

Pooh-Bah

Join Date: Oct 2005 Posts: 3,861

Quote:

Originally Posted by hard2tel

Obama and his administration has nothing to do with it.

Ok well in a sense maybe..since he could of legalized and regulated online poker..but he just might have more important things on his plate.

Ironic, considering how many people his administration just ****ed over.

04-16-2011 , 01:47 PM

#3586

asthenic

enthusiast

Join Date: Mar 2011 Posts: 84

hey guys i think the govt sucks and they are poor and thats why they go after 3 specific online pokers sites that were defrauding banks.

i heard that they run good on casino and sportsbooking online so they said i wanna take from ftp cause i hate black ppl like ivey and then ill use money to be on sportsbook cause i win there and lose to ivey cause its skill game.

me i think thats what happens.

04-16-2011 , 01:47 PM

#3587

lostinthesaus

old hand

Join Date: Feb 2011 Posts: 1,520

Billion dollar industry that's been around for 10-12 years. Billions of American dollars moving from U.S. to off shore companies using fraudulent schemes, shell corporations, and outright disregard for U.S. law. Should have seen this coming....

However, good news is that U.S. will probably find a way to get it back up and running with money flowing into the right pockets. Hell we could probably fund a war or 2 with all that money.

04-16-2011 , 01:47 PM

#3588

derada4

old hand

Join Date: Feb 2011 Posts: 1,544

Just a thought:

If sites like Merge/Bodog/Cake/etc are still providing service to US customers...isn't this kind of reassuring? I mean, if their processing system was anything remotely close to FT/PS/AP, wouldn't it be smartest for them to shut down in US and fix this immediately, before the DOJ gets to them? And given that they are saying business as usual, wouldn't this kind of lead us to believe that they are confident in their processing legitimacy?

04-16-2011 , 01:47 PM

#3589

fizzypants

old hand

Join Date: Sep 2010 Posts: 1,851

I just tried downloading the FTP update but it won't work. Is FTP shut down???

04-16-2011 , 01:47 PM

#3590

McVicker

newbie

Join Date: Jan 2011 Posts: 42

Quote:

Originally Posted by As armas

No fn **** f the religitards.. if it wernt for them online poker would probably be legal in the u.s by now.... The thought that their make believe childish, brain dead fantasies could effect my right to play poker puts me on hyper monkey tilt...

04-16-2011 , 01:48 PM

#3591

nuisance

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 11,643

Quote:

Originally Posted by Aqalung...

In the first election Obama had the younger generation on his side. If this internet poker witch hunt continues I don't think he will get much support the second time around, IMO.

I'm pretty sure he already accomplished losing a big chunk of his younger/older/middle class (whatever that means anymore) support by other more important national interests then online poker. Sorry but online poker isn't that big of a deal nationally when we have how many different wars, a recession and so many other major problems.

04-16-2011 , 01:48 PM

#3592

Dali25

grinder

Join Date: Apr 2006 Posts: 673

Quote:

Originally Posted by intheireye!

Might be time to tax millionaires and billionaires at historically avg rates then, other than the miniscule ones paid now by the rich.

Taxing the rich would be very bad for the economy .

We cant ever even consider that!!

04-16-2011 , 01:48 PM

#3593

Always Rivers Me

enthusiast

Join Date: Sep 2010 Posts: 93

Quote:

Originally Posted by intheireye!

What would stop someone from simply taking the money and disappearing? How many times has poker sites had money stolen from them?

What will stop someone from looting the assets if that person knows the assets will seized by the DOJ, anyway?

You seem to be implying that there are legal safeguards in place to prevent this.

We are talking about companies on the verge of becoming U.S. government property, right?

04-16-2011 , 01:48 PM

#3594

Sick Laces

enthusiast

Join Date: Jun 2010 Posts: 57

so how do i get the ftp update so i can actually get to my money? im in the uk and i need an update to launch the client.

04-16-2011 , 01:49 PM

#3595

Doug_Funnie

banned

Join Date: Apr 2011 Posts: 384

Quote:

Originally Posted by vixticator

This sucks. Bye bye $6.6k? Bad beat.

pretty much. or hope the govt gives it back in 2 years

04-16-2011 , 01:49 PM

#3596

PLO_Micro_Donkey

journeyman

Join Date: Jan 2010 Posts: 322

Quote:

Originally Posted by tom_dwonk

money in user accounts are NOT assets of UB/AP/PS/FT DUCY?

Someone doesn't really understand "seizure" very well.

We're talking about a country that's running an illegal prison in Cuba. What makes you think they give two ****s about the Isle of Man's trust rules?

04-16-2011 , 01:49 PM

#3597

alwayslookright

stranger

Join Date: Apr 2011 Posts: 10

Online casinos are now affected rejecting new casino players with one software provider Rival now out.

Awaiting if Real Time Gaming software will be next which is the casino provider for Bodog

http://www.grem.net/blog/rival-casin...ng-us-players/

04-16-2011 , 01:50 PM

#3598

CHAx

grinder

Join Date: Mar 2006 Posts: 666

Quote:

Originally Posted by As armas

A product of big government education no doubt. The left/right paradigm is a false flag, so that big government can encroach on ALL civil liberties. It helps if you take your head out of your ass for 20 minutes a week and actually pay attention to politics so we don't all have to suffer from your ignorant voting.

04-16-2011 , 01:51 PM

#3599

asthenic

enthusiast

Join Date: Mar 2011 Posts: 84

Quote:

Originally Posted by McVicker

i agree so much. They say it was pat robertson who sailed across the sea to the isle of man to cast a spell on pokerstars.

seriously though how dumb do you have to be to not realize that these 11 people and 4 sites were picked not because they play online poker, but because they were involved in large scale fraud.

Waiting for reasons why ALL online poker sites that take US players or ALL gambling that takes US players (sportsbook, casino, bingo) are not shut down.

Only dumb people post stuff like "religious/ obama/ republican plot to seize our freedoms"

04-16-2011 , 01:51 PM

#3600

Howdoiplayxx

veteran

Join Date: May 2008 Posts: 2,914

if we moved out of the country, would we be able to get our money back from our US accounts? if we emailed ftp and verified it with ftp that we are living out of country?

hmmmmmm?

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