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Started By
Message
Gov. allows Pokerstars/Fulltilt Cash outs
Posted on 4/20/11 at 11:12 am
Posted on 4/20/11 at 11:12 am
quote:
Online poker players in the United States will be able to withdraw money from accounts associated with two Internet poker companies recently indicted for bank fraud and money laundering, federal authorities said Wednesday.
The U.S. government has agreed to allow PokerStars and Full Tilt Poker, two of the three largest Internet poker companies, to resume use of domain names that had been shut down last week.
Under the "domain name use agreements" the companies will be able to reactivate pokerstars.com and fulltiltpoker.com to "facilitate the withdrawal of U.S. players' funds held in account with the companies."
The agreement also allows for players outside of the United States to resume playing for "real money" on the two Websites.
LINK
3
Posted on 4/20/11 at 11:13 am to philabuck
Any thoughts or insight onto how this effects mainstream sports gambling sites (sportsbook, bodog, etc)
Also any thoughts on how strict the IRS will be looking at all casino/sportsbook deposits/withdrawals from here on out?
Also any thoughts on how strict the IRS will be looking at all casino/sportsbook deposits/withdrawals from here on out?
Posted on 4/20/11 at 11:19 am to AlejandroInHouston
I use bodog and they use the same "methods" as pokerstars when you deposit so I'm sure the end is near for them too unless they stop taking US money.
In the back of mind I could see this being a trap, but we are talking about millions of players so it would be political suicide. I doubt anything would happen to the small fish.
In the back of mind I could see this being a trap, but we are talking about millions of players so it would be political suicide. I doubt anything would happen to the small fish.
Posted on 4/20/11 at 11:32 am to philabuck
I knew I would be able to eventually...I thought it would take several months...not a couple of days
Posted on 4/20/11 at 11:33 am to philabuck
this is so gay. i can drive to the casino and gamble legally but not online?
Posted on 4/20/11 at 11:36 am to philabuck
Posted on 4/20/11 at 11:37 am to Acreboy
There's been a push, for awhile, from Republicans to open up online gambling but it doesn't seem to have the support to get off the ground.
Posted on 4/20/11 at 12:09 pm to philabuck
quote:
There's been a push, for awhile, from Republicans to open up online gambling but it doesn't seem to have the support to get off the ground.
It's fricking absurd that online gambling is illegal in a country that's supposed to be "free." I guess the issue involves tax filing, but I don't see why FullTilt/PokerStars couldn't just start sending out I-9 forms.
Posted on 4/20/11 at 1:20 pm to philabuck
quote:
There's been a push, for awhile, from Republicans to open up online gambling but it doesn't seem to have the support to get off the ground.
Lol no, it's the Republicans (mainly one Bill Frist) to blame for being in this mess. Barney Frank a Dem seems to be the only person in the Senate really trying to push online poker.
Posted on 4/20/11 at 1:49 pm to TMFS
Yea, you are right. Its been awhile since I read anything on legislation.
Posted on 4/20/11 at 2:10 pm to Acreboy
quote:
this is so gay. i can drive to the casino and gamble legally but not online?
Be nice acre. Our government is clearly protecting us from...
I mean, it's got to be because of the....
Look, after much thought, I see the path taken now is obviously...
frick this....my head hurts. I'm going smoke a few bong rips and play RDR.
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