Goodbye online poker

[Happy Panther]

Basically the FBI have seized the main poker sites.

A couple of buddies have tried to immediately withdraw their money and are being declined. I wonder if they will ever get the money.

Luckily I was between playing and only had a few $$ on pokerstars. there was a time I had $10k after winning some big tourneys.

I'm so happy that our government keeps taking a hard stance on my ability to smoke pot and gamble. Nothing better to worry about these days.

FU

The FBI said Friday it's indicting 11 defendants -- including the founders of PokerStars, Full Tilt Poker and Absolute Poker -- with bank fraud, money laundering, and illegal gambling offenses. The feds also seized five Internet domain names used by the companies to host their poker games and issued restraining orders against 75 bank account used to process payments. The U.S. attorney's office is also seeking $3 billion in damages. The defendants could be sentenced with up to 20 years in prison.

[Happy Panther]

And just to bring it full circle:

A letter from the Department of Justice, sent yesterday to Washington state Gov. Chris Gregoire (D), warned of the potential for criminal prosecutions of state employees who engage in the production of medical marijuana, which is now legally sanctioned in the state.

The message would seem to stand in stark contrast to the Obama administration's claim that they would not prosecute medical marijuana dispensaries that were operating within a state that had legalized it.

http://www.rawstory.com/rs/2011/04/15/obama-admin-threatens-to-prosecute-state-employees-who-license-medical-marijuana-dispensaries/

[Jangler]

I was just getting ready to post this.

Here is the link.

http://latimesblogs.latimes.com/money_co/2011/04/three-largest-online-poker-sites-indicted-and-shut-down-by-fbi.html

Eleven executives at PokerStars, Full Tilt Poker, Absolute Poker and a number of their affiliates were charged with bank fraud and money laundering in an indictment unsealed in a Manhattan court. Two of the defendants were arrested on Friday morning in Utah and Nevada. Federal agents are searching for the others.

Prosecutors are seeking to immediately shut down the sites and to eventually send the executives to jail and to recover $3 billion from the companies. By Friday afternoon Full Tilt Poker’s site displayed a message explaining that “this domain name has been seized by the F.B.I. pursuant to an Arrest Warrant.”

The online gambling industry has taken off over the last decade, drawing an estimated 15 million Americans to bet online.

[Niner National]

Bodog is still up.

[Jangler]

Yeah, Pokerstars is still up too, but only for play money in the US.

[Niner National]

bodog still lets me play blackjack with real money. I'm assuming poker works too.

[KBRed]

Damn, that $50 was going to buy an engagement ring!

But, seriously, I can't retract that money? It was PokerStars.

[Hawk]

give me your accounts, I'll log in and transfer all the money into my Canadian bank!

[The Saltman]

Gay

[teeray]

:sad: :cuss: :mad:

[rodeo]

11 people arrested for poker bank fraud, 0 arrested for the bank fraud that wrecked the economy.

[Jangler]

priorities

[Zaximus]

11 people arrested for poker bank fraud, 0 arrested for the bank fraud that wrecked the economy.

Seriously. No bailouts for the online Poker industry?

[Squirrel]

Internet crackdown been going on alot in the past couple of years. Lat year it was online streaming sites this year gambling sites. Yeah the US is home of the free.

Next will be the online pron industry. :(