Every indication is that it wouldn't be legally allowed to invest it's money by it's regulators - so the money is already there - I think any cashout problem is due to the software trying to process a million cashout requests at the same time.

The last estimate was 40% of Stars and 60% of Tilt's custom was from America. They're very large proportions to lose, but if you think about how large they were to start with - it still leaves plenty left to run the business. The only way the sites are wiped out are if the DoJ decide to wipe them out; the only organisations which have had that kind of attention before are the drug cartels - Harrahs/Wynn et al would have to be paying an awful lot of money for it to be treated at that level

The fact that you think this is an important thing just shows your ignorance.

i feel like there are more than a few high stakes playing americans who are absolutely *****ing their pants for the last two days.

FU for this statement, this is ******ed.

yeah k maybe to you who has dropped 5 figures over the years. But to pros who have 20k +locked up and cant make their hourly and have to find a fcn 9-5 job instead of playing poker, this is a disaster.

can we get a sticky/cliffs please. is consensus keep money online?

if online poker will be regulated in the united states in the future, do you think pokerstars, full tilt poker etc ever get a license?

Cliffs: over 5000 posts in one thread. Pretty hard to keep stats

... and illegal gambling (counts 5-7)

http://www.justice.gov/usao/nys/pres...dictmentpr.pdf

if you try to withdraw now, you are at the end of the line in what all indications look like a meaningfully stacked bottleneck.

In this fight the poker rooms are clearly the underdogs, but I'd like to see a fight of DoJ/US vs Google. That's when US lawmakers would piss their pants.

The fact that you don't just shows your ignorance.

(wheee... this is fun!)

k - not saying you are legit or not.. but, i've seen some pretty bad lol posts from FOF or some gov't agency on here... saw one specifically trashing the 888/pacific thread..



what's your sn - is it ur 2p2? i think it is just too tired to think straight right now.. i think the rush is that a) ppl are panicking and b) ppl have too much tied up in there compared to their life expenses... but, i think what's worse right now is having money being processed as that's the money that the doj/fbi can seize... they've done this before. just without the bank/wire fraud charges... fwiw stars reimbursed everyone... i still have love for stars even though they fkd up here..

Stars is huge no Q and can survive without US business but people don't realize that it isn't 200k unique players. If you sit on 10 tables you are counted 10 times & this figure may even include play money players

yikes, Corwin Mackey (mig.com) reporting what a former rep from Poker Stars told him. 'bout 80 percent chance you'll get your money from Stars, 'bout 25 percent from FTP

I am comparing with previous numbers when all those things still applied. At first glance it would appear traffic is down by 40%, absolute tops. This will set back a business with a phenomenal growth rate by a couple of years. Certainly won't kill it.

American poker players need Stars more than it needs them, ironically since they as a business are largely responsible for the global growth of poker that makes this situation a reality.

can anyone comment on the legitimacy of the claim that sites are still pulling these huge numbers?
Does the player count include people who are just logged in and not playing? Because I can still log in, just can't play for $. My mind is blown that there are still 160K peeps playing at stars right now.

over 60% of stars business comes from outside the u.s. they are not going anyplace soon.
as for getting your money - safe to say the poker companies will work something out with the DOJ

pokerstars just gave a new news update thing. Saying they no longer accept players from usa. For players outside the usa service is uninterrupted. wow

I'd bet that "something" involves a release of transaction record to the IRS, along with a release of the money.

1. If it was only the banks that did something illegal then why are eleven defendants, including the founders of the three largest Internet poker companies being charged? as far as I can see they are the ones being charged with bribing the banks and setting the money movments up through fake companys
2. On October 13, 2006, the United States enacted the
Unlawful Internet Gambling Enforcement Act, making it a
federal crime for gambling businesses to "knowingly accept" most
forms of payment . So the poker sites deicide to use fraudulent to bypass these laws, and take the gamble with other peoples money.
3. Look at pokerstars.com and you will see the fbi notice telling you the wagering was a crime i'v you were knowingly involved. Maybe not in all states
of the us but in some where the sites were willingly taking the money it was illegal and they knew it.
4. Very good point and, proably your only good point here
5. Ouch that stung, hahaha

Is this a level? LOL at the idea that Obama just doesn't know about any of this yet, and once he gets wind of what has happened and how we don't like it, he will reverse things. For the people on here who think Obama is gonna be a superhero and save the day against 'the evil republicans who are to blame for all this', you have wool over your eyes. The DOJ and FBI answer to Obama, not to republican congressmen.

I think this is all part of a plan by the federal gov to receive revenue from a profitable industry where they are currently being left-out. What better way to control online poker revenue than to hijack the market from the foreign big dogs, and then release their own inferior smaller sites. Once the high quality giant sites are gone, players will have no choice but to be happy with anything they can get. Coincidently, Washington DC just legalized intrastate online poker a week ago. Once their site is up and running they will probably not be too likely to fail since they will not have much competition. More money for the US government, yay!

Not new, just a change of image...

I hate trolling but I keep seeing some posts that purely piss me off.
For every one that's blaming/flaming the poker sites for this mess and acting all surprised:
1.If you a US resident - You were living in a fantasy world so far and you thought that MAGIC was involved when you were able to make deposits/withdrawals that clearly violates UIGEA or, you're a recreational player who regularly lost their salary online, you're pissed b/c of that and don't really know anything for sure about what's what but you like making yourself heard, you're gonna be missed.

2.If you are not a US resident - Why would you give a **** anyway ? Chances are nothings gonna change for you. Yes, "allegedy" indicted poker rooms broke some laws to the end of increasing profits, that's no proof your actual money was mistreated or that's not safe, so again: Why would you give a **** ? Before pointing fingers, pull them out of your ass.

I wonder if Stars is going to adjust the Tourney start times if the us-players stay banned. It sure would be nice, if the big tourneys didn't start sunday evening.

[ ] convicted

[ ] arraigned

[ ] all in custody