Open Side Menu Go to the Top
Register
Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling

04-15-2011 , 07:19 PM
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
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
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
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
Wouldn't it be something if Party Poker reemerged as the #1 site because of this? #pokerarmageddonishere
04-15-2011 , 07:22 PM
We just got handed the worst bad beat of all time....
04-15-2011 , 07:22 PM
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
On interesting point, @pokerstars twitter account has their URL listed as pokerstars.EU now

:O
04-15-2011 , 07:22 PM
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
Fulltiltpoker.com back too (was getting the FBI message a while ago), UB still blocked
04-15-2011 , 07:23 PM
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
I'm Canadian and did a 6k withdrawal from FTP using moneybookers and it was instant.
04-15-2011 , 07:24 PM
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
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
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
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
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
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
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
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
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
Quote:
Originally Posted by mdchap01
Good thing my roll was only $25.00.
sick brag
04-15-2011 , 07:25 PM
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
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?
04-15-2011 , 07:25 PM
Quote:
Originally Posted by LebreMan
Fulltiltpoker.com back too (was getting the FBI message a while ago), UB still blocked
That's happened to me a few times, it keeps going for a while then coming back. Not sure why...

      
m