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

04-27-2011 , 12:59 PM
Quote:
Originally Posted by desraejs
1. just might

2. absolutely none....pstars is gone for good
clairvoyance ITT

pls let us know who's going to win the WSOP next year
04-27-2011 , 01:58 PM
Quote:
Originally Posted by Prolekult
clairvoyance ITT

pls let us know who's going to win the WSOP next year
Do you really think the US Govt. will allow Stars to offer poker to players in the US again? I think it's safe to say Stars is done in the USA.
04-27-2011 , 02:09 PM
Quote:
Originally Posted by aces_full1963
Do you really think the US Govt. will allow Stars to offer poker to players in the US again? I think it's safe to say Stars is done in the USA.
I think any site that has accepted US players after 2006 will not get a license.
04-27-2011 , 02:20 PM
Stars should set up a new/sister/skin/different company.
04-27-2011 , 03:27 PM
Quote:
Originally Posted by aces_full1963
Do you really think the US Govt. will allow Stars to offer poker to players in the US again? I think it's safe to say Stars is done in the USA.
Not for a long time, but things change and they may not stick with hypocritical protectionism forever. Technically they haven't banned anyone from offering poker to USA players yet, this has arisen as a result of the indictments so the question is still open afaik.
04-27-2011 , 08:09 PM
Quote:
Originally Posted by Prolekult
Not for a long time, but things change and they may not stick with hypocritical protectionism forever. Technically they haven't banned anyone from offering poker to USA players yet, this has arisen as a result of the indictments so the question is still open afaik.
Believe me, I would love for Stars to be able to come back to the USA. I believe they are a solid company, and if they are guilty of the charges I think it's mostly due to the fact that they are a big company that had to dodge some ridiculous law here in the states. In other words, I feel they did what they had to do.
04-27-2011 , 08:49 PM
This is one of the (many) things that confuses me, are they saying that all 3 sites used exactly the same techniques in this so-called fraud? Seems a bit coincidental if so, you would expect certain charges to be directed to certain sites rather than this kind of blanket charge sheet.

I think the money laundering laws are worded so the activity being funded has to be illegal, and I haven't seen anything that explicitly states that online poker is illegal in the USA (see this thread for references http://forumserver.twoplustwo.com/29...t-etc-1025264/). So this is presumably the besthope for the defence. In the best-case scenario, they are forced to admit that having trawled through their vague legislation they are unable to prove it is illegal and then it's game on again. And you can be sure the sites will fight hard with so much at stake.
04-27-2011 , 11:44 PM
we'd all love for the poker sites to win but it isn't going to happen. That said, I've already opened an account on merge and will be depositing soon
04-28-2011 , 02:32 PM
A very positive article in the HuffingtonPost:

http://www.huffingtonpost.com/kate-m..._b_854134.html
04-28-2011 , 02:32 PM
Well one little bit of good news. The majority of my bankroll I had on-line was on PStars. They allowed me to cash it out 2 days ago and it is now resting safely in my bank account. Now let's see if Full Tilt follows.
04-28-2011 , 04:03 PM
Quote:
Originally Posted by Prolekult
This is one of the (many) things that confuses me, are they saying that all 3 sites used exactly the same techniques in this so-called fraud? Seems a bit coincidental if so, you would expect certain charges to be directed to certain sites rather than this kind of blanket charge sheet.

I think the money laundering laws are worded so the activity being funded has to be illegal, and I haven't seen anything that explicitly states that online poker is illegal in the USA (see this thread for references http://forumserver.twoplustwo.com/29...t-etc-1025264/). So this is presumably the best hope for the defence. In the best-case scenario, they are forced to admit that having trawled through their vague legislation they are unable to prove it is illegal and then it's game on again. And you can be sure the sites will fight hard with so much at stake.
Even if you are right they have the bank fraud charges and there is too much evidence of that happening to be found guilty. So I don't expect any trials with the ones caught so far they will cop a plea to get a decreased sentence. Do you really think the others will turn themselves in to face trail I doubt it.
04-28-2011 , 04:06 PM
Quote:
Originally Posted by bigtex21
Even if you are right they have the bank fraud charges and there is too much evidence of that happening to be found guilty. So I don't expect any trials with the ones caught so far they will cop a plea to get a decreased sentence. Do you really think the others will turn themselves in to face trail I doubt it.
I doubt this is on the table
04-28-2011 , 04:07 PM
No pokerstars in the us will suck.
04-28-2011 , 08:27 PM
Hey
Dirty
Baby I got your money!
04-28-2011 , 11:06 PM
at least the messiah set us free lol...good fun
04-29-2011 , 10:51 PM
I would like to see the indicted people turn themselves in then request a speedy trial then things would be settled in 90+ days.
05-01-2011 , 08:52 PM
It will never be the same. If it gets legalized, taxes and cashout fees will make playing online -EV. It pains me to say that, but I'm a realist.
05-01-2011 , 08:53 PM
Quote:
Originally Posted by BackNForth
It will never be the same. If it gets legalized, taxes and cashout fees will make playing online -EV. It pains me to say that, but I'm a realist.
You also have no idea what you are talking about. It's possible, sure, but to say it's even likely, much less a lock, is really silly.
05-01-2011 , 08:56 PM
Quote:
Originally Posted by BackNForth
It will never be the same. If it gets legalized, taxes and cashout fees will make playing online -EV. It pains me to say that, but I'm a realist.
this...with the rake, taxes, cash out fees...it will be tough to be profitable unless you have a online poker site deal or are crushing the games.
05-01-2011 , 09:11 PM
Quote:
Originally Posted by Derrick Wong
this...with the rake, taxes, cash out fees...it will be tough to be profitable unless you have a online poker site deal or are crushing the games.
I don't understand you always had to pay taxes, so that won't change, and the rake will be competitive, and why the hell would there be cash out fees? Are you just talking out of your ass?
05-01-2011 , 09:14 PM
Not to mention that without the giant processor fees that the sites were forced to pay, you'd likely see a lower rake.
05-01-2011 , 09:15 PM
The rake will always exist no matter where you play (brick and mortar or internet), and I assume you wouldn't pay any taxes unless you are a winner. It has always been the law that gambling winnings are to be taxed, that is nothing new. And at least on the internet there is no tipping of the dealer.
05-01-2011 , 09:15 PM
Quote:
Originally Posted by BackNForth
It will never be the same. If it gets legalized, taxes and cashout fees will make playing online -EV. It pains me to say that, but I'm a realist.
Look a bloody idiot who never claimed his winnings to IRS.
05-01-2011 , 09:45 PM
Quote:
Originally Posted by TomVeil
Not to mention that without the giant processor fees that the sites were forced to pay, you'd likely see a lower rake.

Not to mention the fact that the head of the processor, Daniel Tzetkoff, skimmed mirrions of dorrars from Stars/Tilt/AP on top of the mirrions he made. This caused FullTilt to take him to court unsuccessfully; further causing Tilt to rat to the FBI when Daniel traveled to Vegas from Australia; further causing Daniel to be denied bail and sit in prison for many months.


This caused Daniel to throw Tilt/Stars/AP and mirrions of USA poker players under the bus to save himself. Now look at the mess we are all in.
05-02-2011 , 02:08 AM
Quote:
Originally Posted by BackNForth
It will never be the same. If it gets legalized, taxes and cashout fees will make playing online -EV. It pains me to say that, but I'm a realist.
If online poker is legalized and regulated, imo games will be better than they were pre-2006. I think there are HUGE numbers of fish that will come out in droves who stopped playing when UIGEA was passed because they think it's illegal. There's also a huge number of fish who want to play post-2006 but have trouble getting money online as it's not the most easy thing to do. After online poker is legal and regulated, it'll be easy to get money on and off. For players, like me, that have been playing and keeping up with the game, it'll be a gold mine against players like these.

      
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