Friday, April 15, 2011

WTF

Well looks like D-Day is finally upon the poker websites.

http://www.pokernews.com/news/2011/04/online-poker-big-three-indicted-10218.htm

Basically the government is stating that the sites and the individuals behind the sites were indicted by the FBI on the grounds that they were defrauding the US banks that they were using for payment processing. Goes to show the importance of the legislation that is in front of Congress now to regulate and tax the poker sites.

Poker Stars has already reacted to this by blocking US players from real money games:



FTOPS starts on Sunday so who knows how they will react to this bombshell. No idea how this will work itself out but it can't be good in the near term. Basically a total crock of shit IMO. Guess my idea of keeping very little money on the sites was a good decision.

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