Founders of top poker Web sites indicted

Founds of top poker websites indicted

www.marketwatch.com

Federal authorities unsealed an indictment Friday against founders of the three largest internet poker companies operating in the U.S., alleging they tricked banks into processing billions of dollars in illegal gambling revenue.

The indictment charges 11 defendants, including the founders of PokerStars, Full Tilt Poker, and Absolute Poker, with bank fraud, money laundering, and illegal gambling offenses, according to federal authorities in New York.

(visit the link for the full news article)


Related News Links:
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This just happened today. Already DNS traffic is being redirected from sites like fulltilt, pokerstars and absolute poker.

The last time something this big (passing of the UIGEA) happened for poker players it was considered their black friday. Extremely bad news for these poker sites that the US Government is going after them now without warning.

www.marketwatch.com
(visit the link for the full news article)

There goes my lottery website pyramid scheme!

Guess I'll have to do it the old school way now. . .

reply to post by KnowledgeIsPowre


i wonder why it's always Friday when they choose to do this kind of thing?

I have only read whats in your OP, and not much else.
I did see the FBI warning on the official FullTilt website.
But the program itself is still working.
I haven't logged in for a month or so, but I just now logged in and still have $19.68 lol
It's still there, and there are currently 99,053 people logged in right now.

P.S. It wasn't my money to begin with. got it from cashing in on Freeroll tournaments, so I don't care if I lose it.

This is an outrage! The US government needs to be stopped. Clearly this is a case of the 'Nanny State' stepping in and telling people what they can and cannot do with their own money. I have a Full Tilt account so I have no idea what this means. I am disgusted by this country.

The USG can claim what they want, but considering that the all of the listed poker sites do not have any " accounts' more specifically, the cash transactions are done through an international bank, they have no grounds for any action. The USG doesn't have jurisdiction in international business practices.
They may think they do, but they dont. You watch, the USG will concoct some BS cover story, to push these Entrepreneur's through the ringer.

reply to post by jrod

Patrick is sitting at on a heads-up Omaha hi/low table with $60k right now.
He doesn't have an opponent at the moment, but I'll leave the table up and what the railbirds are talking about lol.


I don't care if they take my $19, but I'll be mad if they screw with my playchips lol.
I worked hard for those.

Online gambling is worth billions and poker is a huge market that the US does not get much of a slice of. ~5 years ago when the UIGEA was snuck into the SAFE Port ACT it ruined the valuation of Party Poker overnight.

It has never been illegal to play poker online, that is a misconception. The regulations have always gone after the banking aspect for both players and site operators. Both Nevada and Washington DC recently passing legislation to run US based online poker rooms and corporations like MGM have online rooms in the work. An attempt by the USGov to hurt the established offshore sites makes you go hmmmmm.

reply to post by KnowledgeIsPowre


Exactly! The feds are mad cuz they cant get their grubby hands on any of the cash flow, or able to tax its users.

Somewhat on topic but did you know that ATS has more traffic than Pokerstars according to Quantcast? Thanks to the great contribution of our members.

So crazy that your government does not want to even let you play real $ poker online.

Why?? Someone educate me pls.

reply to post by DSSONE


because of the amount of revenue generated. The USG cant tax its users, so they go after the free entreprise.

The sooner everyone realizes that the election in 2008 was a peaceful coup, the sooner everyone will realize what is going on. They seized the sites because they can. If they are ordered (again) to cease and desist by a judge they will not choose to comply. It doesn't matter if they use international banks or are based in another country. It's the NWO man, the NWO. They are large and in charge.

This is seriously f***ed up. I am locked out. At the table I want to play on there was one player from Russia, China, Bulgaria, and the Netherlands.

They can play, but I can't. OK, troublemakers.

Fulltime poker player here and it sucks. I can say Poker Stars will not let me play as of an hour ago. Big suprise to me as I was playing and finished a tourney and went to sign up for another but it wouldnt let me. I emailed Poker Stars and no response so far.......highly unusual. I still can play at Absolute Poker for some reason and it's one of the companies listed. Hope the don't seize my money from my accounts.

reply to post by Whereweheaded


OK, thank you. Well, for the time being at least, any winnings from gambling in UK are not taxed at all. Probably one of the few sources of income that isn't!

Any chance it could have something to do with this?

www.cardplayer.com...

I don't play myself, but the timing between these two events is interesting, to say the least.

Im down in the Dominican Republic and the sites work. Is not a global Ban it seems that is just in the
US=(NWO-headquarters)

I am in Florida and willing to protest this. Anyone else wanna join in?

This has to be stopped. They need to hear the citizens voices and realize we will tolerate an out of control government.