Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling - Page 48 - Poker News

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

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Page 48 of 273

First

28 38 43 44 45 46 47 48 49 50 51 52 53 58 68 98 148 248

Last

04-15-2011 , 07:19 PM

#1176

Apollyon1

journeyman

Join Date: Jan 2010 Posts: 341

Quote:

Originally Posted by Tammy_Pax

I'm in the UK and Just tried to make cashout from Stars, lets me type in amount but doesn't respond after pressing submit.

Can anyone in UK make a dummy cashout and see if they can get further than i did?

Cheers

Same here and I'm from Europe.. Can't Cash Out on pokerstars.com (moneybookers)... NO respond after typing in amount and pressing submit.

They blocked all withdrawal options..

04-15-2011 , 07:20 PM

#1177

CianCrillz

grinder

Join Date: Aug 2007 Posts: 407

without reading this entire thing. My pokerstars account, I'm in Canada, my account is registered in Ireland connected to my Irish bank account, should I cash out or am I okay @_@

04-15-2011 , 07:20 PM

#1178

LebreMan

adept

Join Date: Apr 2009 Posts: 873

Don't know if this is standart but i'm from Portugal and i was getting the FBI warning at pokerstars.com, now when i try to go to the site it's just a mirror to pokerstars.eu

04-15-2011 , 07:21 PM

#1179

Dowie

journeyman

Join Date: Mar 2009 Posts: 275

Quote:

Originally Posted by stampler

why??
do you really think stars, FT, and AP have everyones money on hand presently to return to them??

What makes you assume they don't (other than your previous simplistic assumption that a poker account also works like a bank which makes loans as well as taking deposits) - bearing in mind they're not based in 3rd world countries - why would they need to intentionally get involved in some accounting scam?

I'd assume the cash isn't ring fenced - so the US DOJ taking action to charge them/levy a huge fine perhpas could endanger deposits perhaps? But to doubt that the cash is even there in the first place - I think you're being naive there. These are/were highly profitable businesses - they don't have any need to run a ponzi scheme on the side - they make more than enough quite openly from the rake.

04-15-2011 , 07:22 PM

#1180

muckmylife

centurion

Join Date: Aug 2009 Posts: 125

Wouldn't it be something if Party Poker reemerged as the #1 site because of this? #pokerarmageddonishere

04-15-2011 , 07:22 PM

#1181

Scarface53

newbie

Join Date: Jul 2009 Posts: 33

We just got handed the worst bad beat of all time....

04-15-2011 , 07:22 PM

#1182

kk405

Pooh-Bah

Join Date: Dec 2007 Posts: 5,444

Quote:

Originally Posted by durrrr

get someone i know to vouch and then pm me- also i said i think its worth at least 93c- not that id buy it at that (i might) so ur vigs going the wrong way lol. unfortunately most of the lawyers i know are a little busy atm =(. If u get someone i know to vouch pm me and we can have a bet. Id gladly buy irish bonds for 2c more than they're priced at btw, and i was the one making the market =).

fun day fml

Tom,

I am certain that you have talked to a lot of lawyers before signing with FTP anyway, but it is a bit premature to think that all the players' money at PS and FTP will be returned, even at 90 cents on the dollar. While one can look at precedence such as Neteller and Party Gaming, this is somewhat different and te charges are significantly worse. Moreover, the government is asking for a very significant sum of money which in coming months can increase as the case progresses.

Additionally, this can get very ugly, given that most of those indicted (and surely more to come) need to be extradited, and DOJ becomes especially vindictive when those involved hide and begin to fight the extraditions vigorously.

After the billions in penalties are paid, no one really knows how much will the sites have left, and or they decide to file for bankruptcy, etc.

04-15-2011 , 07:22 PM

#1183

CrazyNL

banned

Join Date: Aug 2010 Posts: 3,377

On interesting point, @pokerstars twitter account has their URL listed as pokerstars.EU now

:O

04-15-2011 , 07:22 PM

#1184

whodatninja

old hand

Join Date: Nov 2008 Posts: 1,304

Quote:

Originally Posted by slub

anyone from Canada have cash-out issues?

few $k processing according to cashier, withdrawn to moneybookers earlier today...crossing my fingers that 24-48 hour processing time includes weekends.

04-15-2011 , 07:22 PM

#1185

LebreMan

adept

Join Date: Apr 2009 Posts: 873

Fulltiltpoker.com back too (was getting the FBI message a while ago), UB still blocked

04-15-2011 , 07:23 PM

#1186

Brinkytinky

journeyman

Join Date: Feb 2009 Posts: 394

Quote:

Originally Posted by tibocm1

I can't cash out on pokerstars.fr

same here, don't even get an error, just nothing ... after I fill in an amount and click Submit

04-15-2011 , 07:23 PM

#1187

vhuggins

journeyman

Join Date: Nov 2008 Posts: 254

I'm Canadian and did a 6k withdrawal from FTP using moneybookers and it was instant.

04-15-2011 , 07:24 PM

#1188

Dyenimator

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 23,131

Quote:

Originally Posted by DrElo

So, what's up with you these days, you ******* tiltfish? Nice to see you still taking your bitterness out on people that can actually beat online poker. Hell, you were failing at online LHE even in 2008!

Victor woulda been mad just like the rest of us, but he has no money to lose. Sweet victory, superdouche.

u broke bro?

Victor, #1 pick in SE draft... now we know why

04-15-2011 , 07:24 PM

#1189

Supesimmo

adept

Join Date: Apr 2006 Posts: 1,004

Quote:

Originally Posted by minichips20

if stars or ft go bust from this nobody will get all of their money back. i understand that both sites have many players from outside the us however any business, would find it difficult to survive if they lost a significant amount of their customers. both stars and ft will have their liabilities (loans etc.) set according to their expected turnover. If that turnover changes significantly they will not be able to meet their payments and then.............. BUSTO. it does not make a difference how big they are without the us players.

Another factor that will contribute to them going bust is everyone withdrawing their money. Even euro players are withdrawing their money and this will put huge pressure on both sites cash balance. No bank in the world will provide an overdraft facility for a company that has such serious legal and financial problems so........... BUSTO.

For people who think that ft and stars are 'too big to fail', I honestly dont see how. They cannot rely on govt support and I doubt if they can rely on financial support from banks so........... Busto.

Basically I see all roads leading to a bad day for poker and while I am sure there will be plenty of people to tell me im wrong there are many more who cant afford to take the chance.

Finally for the few who dont know, your money will be very far down the list of priorities if either site files for bankruptcy. Depending on how much the companies are leveraged, if they go bust you could be looking at cents on the dollar. it has nothing to do with the feds taking your money, its just a domino effect that leads to bankruptcy. I know this is more of a business angle on the situation however this is how it could affect the poker community.

Hopefully i have no idea about what i am talking about.

I'm inclined to agree with you. Sadly.

04-15-2011 , 07:24 PM

#1190

britdevine

grinder

Join Date: Oct 2005 Posts: 516

The US government is in Huge debt.

Instead of taxing these sites, they are getting rid and confiscating the money under "money Laundering" even though they are actually just stealing from hundreds of thousands of people.

All so we can play at USpoker.gov in a year

04-15-2011 , 07:24 PM

#1191

she_is_disaster

enthusiast

Join Date: Dec 2010 Posts: 97

Quote:

Originally Posted by CianCrillz

without reading this entire thing. My pokerstars account, I'm in Canada, my account is registered in Ireland connected to my Irish bank account, should I cash out or am I okay @_@

you can't cashout

04-15-2011 , 07:24 PM

#1192

Donriky

centurion

Join Date: May 2010 Posts: 164

Quote:

Originally Posted by Brinkytinky

same here, don't even get an error, just nothing ... after I fill in an amount and click Submit

The **** same on pokerstars.it

wtf

04-15-2011 , 07:24 PM

#1193

OneWhoShanks

old hand

Join Date: Jul 2007 Posts: 1,527

If international assets/bank accounts of Stars/FTP/AP are frozen (FBI/Interpol/etc.)

then it is GG for EVERYONE...not just us US folk

04-15-2011 , 07:24 PM

#1194

BASaint

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 14,826

Quote:

Originally Posted by DrElo

Mad (me) > Busto (Vic)

the state of his finances should probably be low down on your list of 'things I should be concerned about' at this time

04-15-2011 , 07:25 PM

#1195

Gyakutenno

newbie

Join Date: Nov 2010 Posts: 22

Quote:

Originally Posted by Exothermic

so the fact you guys talking about moving to asian countries means that the rest of the world outside of the u.s will more than likely be fine when this blows over??

im in jamaica & have been getting my $ through an american bank from stars.. i assume people from outside of the europe has been doing the same??... what happen to you south american/asian players now??...

In Brazil a lot of players are doing cashout because of this problem.

04-15-2011 , 07:25 PM

#1196

szabby

newbie

Join Date: Oct 2007 Posts: 43

Im from Australia and cannot withdraw from either Stars or Tilt.

On Stars when I enter the amount to withdraw nothing happens and the cashier window appears.

when clicking on withdraw on tilt, a pop up appears saying cannot connect to server and to contact support.

This is so ***ked up!!!

I hope our money is safe and that it wont take too long to be able to access it.

I can still play for real money on both sites, although god knows why anyone still would if you cant access your $.

Last edited by szabby; 04-15-2011 at 07:35 PM.

04-15-2011 , 07:25 PM

#1197

UFO1947

Pooh-Bah

Join Date: Oct 2006 Posts: 5,098

Quote:

Originally Posted by mdchap01

Good thing my roll was only $25.00.

sick brag

04-15-2011 , 07:25 PM

#1198

80ricecakes

stranger

Join Date: Apr 2011 Posts: 1

I just went on FULLTILTPOKER and POKERSTARS and both seem to be up and running with no mention of a problem. UB and AbsolutePoker are down though. Does anyone know if its safe to play on Full Tilt. I'm a little weary of depositing any money...

04-15-2011 , 07:25 PM

#1199

D33P

old hand

Join Date: May 2009 Posts: 1,988

help me here.

so is this an citizenship thing or an isp thing?

i mean, can a citizen from europe play with an american isp?

and can a citizen from usa play with an european isp?