Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling - Page 189 - Poker News

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

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Page 189 of 273

First

89 139 169 179 184 185 186 187 188 189 190 191 192 193 194 199 209 239

Last

04-16-2011 , 11:55 PM

#4701

langer_rol

centurion

Join Date: Jun 2008 Posts: 155

sucks to be a US poker playing pothead with no other outs in life right now...

04-16-2011 , 11:55 PM

#4702

JohnnyHumongous

old hand

Join Date: Jan 2005 Posts: 1,962

Quote:

Originally Posted by Golfing_Stud

Tom Dwan and Phil Galfond both promise to pay out a million each if Tilt and Stars do not pay out.

http://twitter.com/tom_dwan

Classy move from those guys.

This is far from reassuring. I had been feeling pretty good about the chances of receiving funds but this is not a good sign. A twitter promise is not even close to a binding guarantee and the gesture appears to have been done to prevent further demands for cashouts, despite the fact that FT and Stars supposedly have enough millions held in trust to pay everyone back. And $2 mm would be a drop in the bucket if they are telling the truth.

04-16-2011 , 11:55 PM

#4703

Foldemlow

banned

Join Date: Mar 2009 Posts: 1,716

Quote:

Originally Posted by Golfing_Stud

Tom Dwan and Phil Galfond both promise to pay out a million each if Tilt and Stars do not pay out.

http://twitter.com/tom_dwan

Classy move from those guys.

Always thought Tom had a lot of integrity, but I really don't see how Galfond can do this. He doesn't even have any vested interest in FTP nor Stars, it's like a complete freeroll on the hope that he's right about the situation.

Still, sick thing to do. I know I can't fully relate, but this guy is the ****ing man.

04-16-2011 , 11:57 PM

#4704

gopherhoky

journeyman

Join Date: Aug 2008 Posts: 215

Quote:

Originally Posted by hdbets

From Todd Terry's tweet

Todd Fkn Terry wins thread as usual....

On a personal note:

To the fellow grinders on the US, sorry guys this situation blows and being suddenly unemployed sucks ass but we all knew the status quo was not sustainable for long. Hope you all get your money soon and the US figure out legislation stuff so you can rejoin the online poker world in a well regulated environment.

To everyone freaking out outside US, things will be rocky for a bit, that IS TO BE EXPECTED, sites are having to deal with a shtload of stuff right now and you don't help by mass withdrawing out of fear that your funds will be stolen or madly emailing support to ask for the future of the site etc...

Also don't expect to find some miracle answer from others ITT about how should you cash out or if its the best idea, chill out, things will get better hopefully and even if they didn't panicking wont solve a thing.

One of the best posts ITT.
I say chill too.
I feel bad for those that have alot of money tied up right now and wish you the best of luck.

Mark

04-16-2011 , 11:57 PM

#4705

revg

centurion

Join Date: Aug 2006 Posts: 165

Does this make you feel safe about your money?

Quote:

When these site owners have to pay money back, or if they're fined hefty amounts, they'll see if they can pay out of corporate funds. They probably won't be able to, and they'll think nothing of using their players' funds, just like the banks did. So just like what happened with banks, the players will probably only get a proportion of what they're owed.

http://www.independent.co.uk/life-st...g-2269011.html

04-16-2011 , 11:57 PM

#4706

Ted DiBiase

journeyman

Join Date: Jul 2009 Posts: 227

Any chance they're going to ban online sports betting? Without my poker fix, I bet on almost every sporting event today.

04-16-2011 , 11:58 PM

#4707

Max Raker

Carpal \'Tunnel

Join Date: Apr 2005 Posts: 15,738

Quote:

Originally Posted by Golfing_Stud

I don't know where your dirty money has been.

More than half of my money could be dirty... at least according to the FBI

04-16-2011 , 11:58 PM

#4708

syncmaster

old hand

Join Date: May 2006 Posts: 1,588

Agree, that Todd Terry sounds like a smart man.. Whats he doing on the internet.

04-16-2011 , 11:59 PM

#4709

AUGUY55

Carpal \'Tunnel

Join Date: Sep 2008 Posts: 22,793

What happened to the quadjacks stream? They were going for a guiness record then...poof!

04-17-2011 , 12:00 AM

#4710

DoTheMath

Pooh-Bah

Join Date: Jul 2006 Posts: 4,689

Quote:

Originally Posted by PLO_Micro_Donkey

Oh, I'm quite sure Stars keeps its money in a segregated account.

I'm just not sure that's going to mean diddly-squat if the Feds are really interested (and CLEARLY they are).

For example, here's a link to the UBS scandal. Before this, Swiss bank accounts were "safe": http://en.wikipedia.org/wiki/UBS#U.S...on_controversy

However, this settlement set up a showdown between the U.S. and Swiss governments over the secrecy of Swiss bank accounts. It was not until June 2010 that Swiss lawmakers approved deal to reveal client data and account details of U.S. clients who were suspected of tax evasion.

So I wouldn't put too much faith in "but it's the law". Laws can change.

There are two important differences between the UBS case and the current poker case.

In the UBS case, the money in the accounts was held on behalf of people the US was accusing of committing a crime (tax avoidance?). In the poker indictment, the DOJ has not accused the players a of comitting a crime.
In the UBS case the DOJ was going after the money in those accounts of the tax cheaters. In the Poker case the DOJ is only going after money belonging to the poker sites and the named consirators, not money beloning to the players. Read the indictment and civil forfeiture claim.

04-17-2011 , 12:02 AM

#4711

RolloTomasi

veteran

Join Date: Jan 2008 Posts: 3,086

great no more land of the free we cant play online in the US of A but they can play in Russia and China
Scott Tom owner of AP indicted lol

04-17-2011 , 12:02 AM

#4712

RussellinToronto

veteran

Join Date: Oct 2007 Posts: 2,243

Quote:

Originally Posted by Aabelno

Don't worry: I don't want to pay 90% taxes and have to wait six months for medical care if I get cancer or break my leg.

Also, I don't drink beer and I'm not a big hockey fan.

Gee, you forgot to mention the harsh winters!

These stereotypes bear the same relationship to reality as most racist stereotypes bear to realities about race and they show the same level of deep thought.

Last edited by RussellinToronto; 04-17-2011 at 12:11 AM.

04-17-2011 , 12:03 AM

#4713

_Towelie_

Pooh-Bah

Join Date: Dec 2006 Posts: 3,771

lol at the speculation in that independent article

04-17-2011 , 12:04 AM

#4714

bubonicplay

Pooh-Bah

Join Date: Oct 2009 Posts: 3,932

i think well get our money back, but how long will it take?

i currently have a check in the mail issued before "Black Friday", i just wonder how long it will take to be able to cash or or if theres a problem i might have to get a new one made etc.

i hate waiting

04-17-2011 , 12:05 AM

#4715

CantonaLeRoi

journeyman

Join Date: Jun 2008 Posts: 249

Too bad quadjacks stream went away. It was just getting interesting as people were starting to speak their minds. Not much love for FT apparently and Howard in particular ...

04-17-2011 , 12:08 AM

#4716

zenergy

stranger

Join Date: Apr 2011 Posts: 9

I'm playing on full tilt now. Haven't turned off my software for days though. Going to play way above my roll. Feels like play money. Oh I'm in Missouri, US

04-17-2011 , 12:08 AM

#4717

thunderbolt

adept

Join Date: Feb 2006 Posts: 1,037

QUADJACKS IS BACK UP NEW LINK!!!!!!!

http://www.ustream.tv/channel/day-2-qj-live-show

04-17-2011 , 12:09 AM

#4718

TMPHK

enthusiast

Join Date: Jul 2006 Posts: 62

Quote:

Originally Posted by zenergy

I'm playing on full tilt now. Haven't turned off my software for days though. Going to play way above my roll. Feels like play money.

Screen name please so we can watch you spew!

04-17-2011 , 12:10 AM

#4719

Free Huggs

enthusiast

Join Date: Jan 2011 Posts: 64

Quote:

Originally Posted by thunderbolt

QUADJACKS IS BACK UP NEW LINK!!!!!!!

http://www.ustream.tv/channel/day-2-qj-live-show

04-17-2011 , 12:11 AM

#4720

syncmaster

old hand

Join Date: May 2006 Posts: 1,588

Quote:

Originally Posted by zenergy

I'm playing on full tilt now. Haven't turned off my software for days though. Going to play way above my roll. Feels like play money. Oh I'm in Missouri, US

Weird.. I'm in the same boat and also in Missouri.. Everyone else is talking about forced updates.. STL or KC?

04-17-2011 , 12:12 AM

#4721

cato988

centurion

Join Date: Aug 2007 Posts: 171

KC.

04-17-2011 , 12:12 AM

#4722

3outsToChop

newbie

Join Date: Sep 2009 Posts: 16

I still haven't logged off fulltilt since thursday. bad idea to grind the sunday tournies/ftops?

04-17-2011 , 12:15 AM

#4723

fishtofinaltable

journeyman

Join Date: Jun 2009 Posts: 316

Def KC, Harrah's

04-17-2011 , 12:15 AM

#4724

zenergy

stranger

Join Date: Apr 2011 Posts: 9

@ syncmaster
I'm in Columbia right in the middle. My roll is only like 200 so gonna do some tourneys and just won a fairly useless $75 token. Gauge is my SN. S Gromenkova is in this tourney and from the US also. Weird.