Sunday, June 19, 2011

BLACK FRIDAY--April 15, 2011

I haven't posted in this blog for quite a while.  And I have hardly played at all since April 15.  There is a reason for that.

On April 15 PokerStars, Full Tilt Poker, and Absolute Poker, which were the three largest sites available to US players, became off-limits to US players.  All three sites were charged by a US federal prosecutor with bank fraud, money laundering and other crimes,, and some individuals affiliated either with the sites, or with their payment processors, have been arrested.  The domain names of all three sites were seized as well.

The bottom line is that now there are very few good online options for US players, and I'm not bankrolled to regularly play the live tournaments in my area.

This is a very complicated issue with national and international implications (none of the three sites are US businesses), and many feel that most of these charges are questionable at best, since some of the charges have to do with involvement with an illegal enterprise.  There is no law making online poker illegal in the United States, in fact, it is legal by law in the District of Columbia.  Nevada is looking very closely at "legalizing" online poker as well.

I will have more about how I'm reacting to this situation in future posts, and I will have more information on the situation in general as well.  For now, if you want to know the basics of the situation, check out this thread in the twoplustwo.com poker forums:

http://forumserver.twoplustwo.com/28/internet-poker/trouble-online-poker-web-sites-seized-fbi-stars-tilt-included-1020617/

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