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Offshore/US sportsbooks world- Gov't trouble starting?

Posted on 10/24/12 at 5:09 pm
Posted by TigerLicks
Dallas, TX
Member since Oct 2003
11603 posts
Posted on 10/24/12 at 5:09 pm
quote:

@Balsbaugh
Offshore/US Sportsbook world about to explode- not quite Black Friday but a huge impact. Rumors are flying in Vegas


quote:

@Balsbaugh
@haralabob you haven't seen anything like this brother. It's going to surprise even you.


This poker player agent above sent that out at same time this was announced:

quote:

Mike Colbert, sports book director for Cantor Gaming and manager of the M Resort's race and sports book, was arrested Wednesday by state gaming agents in conjunction with a warrant filed by the District Attorney's office in Queens County, N.Y.

Gaming and legal sources confirmed the charges involve PinnacleSports.com, one of the largest off-shore sports wagering websites. Sources said agents for website were arrested in several cities Wednesday


LINK

If you've got money at online betting site, you might want to know. Looks like the feds might be making a run at online sportsbooks like they did with poker.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
68082 posts
Posted on 10/24/12 at 5:16 pm to
Oh frick
Posted by Nonetheless
MAGA
Member since Jan 2012
34413 posts
Posted on 10/24/12 at 5:19 pm to
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
68082 posts
Posted on 10/24/12 at 5:19 pm to
once i win this weekend i will cash out monday am
Posted by redfieldk717
Alec Box
Member since Oct 2011
28117 posts
Posted on 10/24/12 at 5:22 pm to
5dimes included in this?
Posted by HoLeInOnEr05
Middle of the fairway
Member since Aug 2011
16912 posts
Posted on 10/24/12 at 5:24 pm to
This legit?
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 10/24/12 at 5:26 pm to
you gamblers should start looking into bitcoin
Posted by mattz1122
Member since Oct 2007
56416 posts
Posted on 10/24/12 at 5:28 pm to
Good. Gambling is a sin.
Posted by TigerLicks
Dallas, TX
Member since Oct 2003
11603 posts
Posted on 10/24/12 at 5:28 pm to
quote:

5dimes included in this?


pinnaclesports.scom only one named in the article. Who knows what the gov't is up to at this point is a guess. Maybe Cantor sportsbook guy is going down for working with the site, but seems to be bigger since they arrested the site's reps in other cities. Their website is still up though.
Posted by lighter345
Member since Jan 2009
11898 posts
Posted on 10/24/12 at 5:29 pm to
quote:

you gamblers should start looking into bitcoin



How does that work with gambling? What sites accept bitcoin?
Posted by TigerLicks
Dallas, TX
Member since Oct 2003
11603 posts
Posted on 10/24/12 at 5:30 pm to
quote:

you gamblers should start looking into bitcoin


Yep, sealswithclubs.eu has been at it with online poker for awhile with bitcoin.
Posted by Tiger1242
Member since Jul 2011
33214 posts
Posted on 10/24/12 at 5:30 pm to
just fricking make it legal and tax it already
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 10/24/12 at 5:32 pm to
quote:

What sites accept bitcoin?


I know there are some poker sites. sealswithclubs.eu is one I think. Keep in mind, I'm not a gambler, so I don't keep up much with the industry. I am, however, a Bitcoin advocate.

And Bitcoin is perfect for online gambling. No more troubles transferring funds in and out.

No more worrying about your money being seized by governments.

Relative anonymity.

No transaction fees.


It has all the features you gamblers need. Now you just need someone to fill the market with sports gambling (if someone hasn't already)
Posted by TigerLicks
Dallas, TX
Member since Oct 2003
11603 posts
Posted on 10/24/12 at 5:33 pm to
quote:

How does that work with gambling?


This site explains it pretty good, with some video to help: LINK
Posted by aVatiger
Water
Member since Jan 2006
27967 posts
Posted on 10/24/12 at 5:34 pm to
Posted by au21tigers
Thursday
Member since Nov 2009
12548 posts
Posted on 10/24/12 at 5:35 pm to
Figures when i got a free bet to win 75$ on Detroit The Feds
Posted by lighter345
Member since Jan 2009
11898 posts
Posted on 10/24/12 at 5:37 pm to
thanks for the info tigerlicks and wikitiger
Posted by TMFS
Member since Sep 2004
260 posts
Posted on 10/24/12 at 5:42 pm to
Even if this isn't legit, any US facing gambling site, it's only a question when the sites cut and run with the money and not if IMO. Either due to government prosecution or other reasons. Although pretty interesting to see pinnacle involved in this, they have always been regarded as one of the most trustworthy books online.
Posted by O
Mandeville
Member since Oct 2011
6794 posts
Posted on 10/24/12 at 5:55 pm to
Posted by HoLeInOnEr05
Middle of the fairway
Member since Aug 2011
16912 posts
Posted on 10/24/12 at 6:08 pm to
Meh ... I think it just involves pinnacle
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