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Feds cracking down on online poker..? - Page 3

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Pokerstars is an online poker site. Pokerstrategy is an educational training site. They are not the same site. The TSL3 is sponsored by pokerstrategy.com.
Thrill
Profile Blog Joined May 2007
2599 Posts
April 15 2011 19:00 GMT
#41
PokerStrategy.com TSL4?

Bye bye if this turns out to be the real deal.
nalgene
Profile Joined October 2010
Canada2153 Posts
April 15 2011 19:01 GMT
#42
On April 16 2011 03:56 where wrote:
oh what the fuck is this. The government is that desperate for money that they are trying to steal from online gambling sites?
What about those mortgage backed securities, CDOs and those other institutionalized gambling forms? Goldman Sachs, Morgan Stanley, AIG too difficult of targets? Do we really need an online gaming lobby?

Online gambling = no taxation for them

Those other "targets" are banks and they do investments and pay taxes
Year 2500 Greater Israel ( Bahrain, Cyprus, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Gaza Strip, West Bank, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, Yemen )
relyt
Profile Blog Joined November 2010
United States1073 Posts
April 15 2011 19:01 GMT
#43
Doesn't the government know how many regular people they just fucked over? Why can't they just leave this shit alone.
jalstar
Profile Blog Joined September 2009
United States8198 Posts
April 15 2011 19:01 GMT
#44
On April 16 2011 04:00 Thrill wrote:
PokerStrategy.com TSL4?

Bye bye if this turns out to be the real deal.


poker strategy is not a gambling site, it's a strategy site, big difference.
indigoawareness
Profile Joined October 2010
Slovakia273 Posts
April 15 2011 19:02 GMT
#45
They stole our money and are going to turn it into cruise missles and dead babies... fuck this.

User was warned for this post
To sleep, perchance to dream.
TURKISHRAMBO
Profile Joined November 2010
Canada148 Posts
Last Edited: 2011-04-15 19:03:31
April 15 2011 19:03 GMT
#46
On April 16 2011 03:58 jalstar wrote:
Show nested quote +
On April 16 2011 03:54 Nyx wrote:
On April 16 2011 03:53 jalstar wrote:
i only have $50 on PS anyway, hopefully my $200 withdrawal echeck from last week clears though.


Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.



well -$250 sucks a lot but there are some people with thousands on there, this is huge.

is the govt aloud to do this and not give your money back?

All i can see is this causing even more unrest and people trying to get their money back using legal action.
Manit0u
Profile Blog Joined August 2004
Poland17865 Posts
April 15 2011 19:04 GMT
#47
On April 16 2011 04:03 TURKISHRAMBO wrote:
Show nested quote +
On April 16 2011 03:58 jalstar wrote:
On April 16 2011 03:54 Nyx wrote:
On April 16 2011 03:53 jalstar wrote:
i only have $50 on PS anyway, hopefully my $200 withdrawal echeck from last week clears though.


Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.



well -$250 sucks a lot but there are some people with thousands on there, this is huge.

is the govt aloud to do this and not give your money back?

All i can see is this causing even more unrest and people trying to get their money back using legal action.


They probably won't release any money until after the trials, collecting their own share first etc.
Time is precious. Waste it wisely.
AKspartan
Profile Joined January 2011
United States126 Posts
April 15 2011 19:05 GMT
#48
On April 16 2011 04:01 relyt wrote:
Doesn't the government know how many regular people they just fucked over? Why can't they just leave this shit alone.


Because you have to be an evil soul-sucker to throw someone in jail for a victimless crime such as these. They're blind agents of a draconian government enforcing our country's backwards, immoral laws.
StarStruck
Profile Blog Joined April 2010
25339 Posts
April 15 2011 19:05 GMT
#49
Online gambling is illegal in the U.S. It's going to be rather difficult. X_X
jalstar
Profile Blog Joined September 2009
United States8198 Posts
April 15 2011 19:05 GMT
#50
On April 16 2011 04:03 TURKISHRAMBO wrote:
Show nested quote +
On April 16 2011 03:58 jalstar wrote:
On April 16 2011 03:54 Nyx wrote:
On April 16 2011 03:53 jalstar wrote:
i only have $50 on PS anyway, hopefully my $200 withdrawal echeck from last week clears though.


Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.



well -$250 sucks a lot but there are some people with thousands on there, this is huge.

is the govt aloud to do this and not give your money back?

All i can see is this causing even more unrest and people trying to get their money back using legal action.


i'm not planning on suing, i can make that back in 2 weeks of min wage part time work

but people with $10000+ bankrolls, especially non-US players who weren't breaking their country's laws, are gonna take action for sure.
Boblion
Profile Blog Joined May 2007
France8043 Posts
April 15 2011 19:05 GMT
#51
On April 16 2011 04:01 jalstar wrote:
Show nested quote +
On April 16 2011 04:00 Thrill wrote:
PokerStrategy.com TSL4?

Bye bye if this turns out to be the real deal.


poker strategy is not a gambling site, it's a strategy site, big difference.

Poker strategy makes money with the rake of gambling sites so if those sites are closed well they can't make money anymore.
fuck all those elitists brb watching streams of elite players.
D_K_night
Profile Joined April 2010
Canada615 Posts
April 15 2011 19:06 GMT
#52
I know a buddy who makes his living playing online poker...I can definitely see this affecting him as well, forcing him to find a real job...but he hasn't "worked" in years...only passed all this time playing online poker...

need to read further on this but if tax evasion was involved but this is extremely serious and could put a huge damper on online poker period.
Canada
where
Profile Joined February 2011
144 Posts
April 15 2011 19:06 GMT
#53
On April 16 2011 04:01 nalgene wrote:
Show nested quote +
On April 16 2011 03:56 where wrote:
oh what the fuck is this. The government is that desperate for money that they are trying to steal from online gambling sites?
What about those mortgage backed securities, CDOs and those other institutionalized gambling forms? Goldman Sachs, Morgan Stanley, AIG too difficult of targets? Do we really need an online gaming lobby?

Online gambling = no taxation for them

Those other "targets" are banks and they do investments and pay taxes


haha yes let's invest in CEO compensation and drug cartels and systemic inefficiency, because it is more profitable to the owners to keep it running as is
jalstar
Profile Blog Joined September 2009
United States8198 Posts
April 15 2011 19:06 GMT
#54
On April 16 2011 04:05 Boblion wrote:
Show nested quote +
On April 16 2011 04:01 jalstar wrote:
On April 16 2011 04:00 Thrill wrote:
PokerStrategy.com TSL4?

Bye bye if this turns out to be the real deal.


poker strategy is not a gambling site, it's a strategy site, big difference.

Poker strategy makes money with the rake of gambling sites so if those sites are closed well they can't make money anymore.


i think non-us sites like party and ipoker are still open though.
Modafinil
Profile Joined May 2010
United States35 Posts
April 15 2011 19:06 GMT
#55
On April 16 2011 04:03 TURKISHRAMBO wrote:
Show nested quote +
On April 16 2011 03:58 jalstar wrote:
On April 16 2011 03:54 Nyx wrote:
On April 16 2011 03:53 jalstar wrote:
i only have $50 on PS anyway, hopefully my $200 withdrawal echeck from last week clears though.


Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.



well -$250 sucks a lot but there are some people with thousands on there, this is huge.

is the govt aloud to do this and not give your money back?

All i can see is this causing even more unrest and people trying to get their money back using legal action.


It's not "your money". It is money that was sitting in the bank account of an entity engaged in a criminal enterprise. The money has been seized as part of a federal criminal investigation.

Trying to get your money through legal action against the US government here would be like trying to get your money back from your local drug dealer after he was arrested. Your money is gone. You have a 0% chance of ever getting it back.
StarStruck
Profile Blog Joined April 2010
25339 Posts
April 15 2011 19:07 GMT
#56
It's just one of the risks you take by doing it. :/
jalstar
Profile Blog Joined September 2009
United States8198 Posts
Last Edited: 2011-04-15 19:10:41
April 15 2011 19:08 GMT
#57
On April 16 2011 04:06 Modafinil wrote:
Show nested quote +
On April 16 2011 04:03 TURKISHRAMBO wrote:
On April 16 2011 03:58 jalstar wrote:
On April 16 2011 03:54 Nyx wrote:
On April 16 2011 03:53 jalstar wrote:
i only have $50 on PS anyway, hopefully my $200 withdrawal echeck from last week clears though.


Restraining orders were issued against more than 75 bank accounts used by the poker companies and their payment processors, while five Internet domain names used by the companies to host poker games were seized, federal authorities added in a statement.



well -$250 sucks a lot but there are some people with thousands on there, this is huge.

is the govt aloud to do this and not give your money back?

All i can see is this causing even more unrest and people trying to get their money back using legal action.


It's not "your money". It is money that was sitting in the bank account of an entity engaged in a criminal enterprise. The money has been seized as part of a federal criminal investigation.

Trying to get your money through legal action against the US government here would be like trying to get your money back from your local drug dealer after he was arrested. Your money is gone. You have a 0% chance of ever getting it back.


if you buy drugs you're breaking the law. non-us players weren't breaking any laws by playing on stars and full-tilt.

like if you invest in a bank (legal) and the bank doesn't pay their taxes (illegal) should you lose your money?
D_K_night
Profile Joined April 2010
Canada615 Posts
April 15 2011 19:08 GMT
#58
On April 16 2011 04:00 Thrill wrote:
PokerStrategy.com TSL4?

Bye bye if this turns out to be the real deal.


Well it will just come down to finding a different sponsor if pokerstrategy pulls out as a result of the current events. Of course finding sponsors is challenging to say the least but if I was the sales rep charging with finding sponsors for this event, I would approach companies who have sponsored players in the past, eg. Stride gum for example.
Canada
zTz
Profile Blog Joined February 2003
United States476 Posts
April 15 2011 19:10 GMT
#59
On April 16 2011 04:05 jalstar wrote:

...but people with $10000+ bankrolls, especially non-US players who weren't breaking their country's laws, are gonna take action for sure.


wait.... is online gambling a crime? I thought that the sites were getting shut down for laundering, fraud, and other crimes, not because of "gambling."
where's the rants n flames section?
KiLL_ORdeR
Profile Blog Joined June 2009
United States1518 Posts
April 15 2011 19:10 GMT
#60
http://www.reuters.com/article/2011/04/15/us-gambling-idUSTRE73E6HW20110415

this article just popped up on reuters less than 10 minutes ago

says that federal prosecuters charged Full Tilt, Absolite, and Pokerstars for fraud and violation of US anti-online gambling laws.

I'm posting this from my phone, but this article is so vague and wrong that it is not even funny. For those of you who want to learn why these sites don't technically break any laws, you should really google it and read up.
In order to move forward, we must rid ourselves of that which holds us back. Check out my stream and give me tips! twitch.tv/intotheskyy
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