Stars/FTP/UB/AP shut down for US players

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Knowledge said:
http://www.justice.gov/usao/nys/pressreleases/April11/pokerdomainnameuseagreementspr.pdf

stars/ftp open again for withdrawls, us players still cant play though
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Not so simple, perhaps:

"Full Tilt Poker™ is pleased to announce that it has reached an agreement with the United States Attorney’s Office for the Southern District of New York to regain the use of its worldwide domain name, www.fulltiltpoker.com.

"Although players in the United States will not be permitted to engage in real-money play, the agreement expressly allows for real-money play outside of the United States.

"In addition, the agreement represents an important first step towards returning funds to U.S. players because it allows Full Tilt Poker to utilize its domain to facilitate the withdrawal of player funds. But, unfortunately, there remain significant practical and legal impediments to returning funds to players in the immediate future. As a result of the recent enforcement action, there exists no authorized U.S. payment channel through which to make refunds; Full Tilt Poker has no accounting of the millions of dollars of player funds that were seized by the government; and the government has not agreed to permit any of the seized player funds to be returned to the players.

"Finally, there are numerous legal and jurisdictional issues that must be considered before poker winnings can be paid out to players throughout the United States. While Full Tilt Poker continues to believe that online poker is not illegal under federal law or in 49 states, the indictment and civil forfeiture action filed last Friday require Full Tilt Poker to proceed with caution in this area.

"Notwithstanding these issues, Full Tilt Poker is ready to work diligently with the United States Attorney’s Office in the Southern District of New York to try and resolve these issues and to get players their money back as soon as possible."
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paxmaniac said:
I suggest we ignore the troll. There's always someone in this situation who will laugh and point and say "I told you so."
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Thats soft as. You want to criticise and attack my original opinion but run away when it turns out to be correct. Harden up

IMO its only a matter of time before the WSOP is effected especially the "satellites" they run for entries into the tournament. They will be ruled illegal shortly enough

Also not sure why people think this wont happen in Australia. Its almost a certainty to happen within the next 4 years.
 
It will effect the number of satellites because the numbers won't be there to have so many of them.

Whether it happens in Australia is pretty much a moot point. Much like the US players got around the rules Australians will get around them. And the big poker companies won't have the FBI to be worried about.
 
Borgsta said:
Whether it happens in Australia is pretty much a moot point. Much like the US players got around the rules Australians will get around them. And the big poker companies won't have the FBI to be worried about.
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It's going to be hard for US players to get around this. Most of the professional grinders are already planning their emigration.

In Australia it comes down to whether the government has the balls to go after the funding sources. Filters won't do anything, but if they cut off access to ewallets and prevent banks and credit cards from sending or receiving money from poker sites it will become very hard.

The biggest difference here compared to the US, is that there are few if any targets for prosecution in Australia, whereas the founders of the big sites were all American. That might also explain why some of the smaller sites (such as Merge) are continuing to allow Americans to play.
 
Coledinho said:
The US government were pretty clear in what they wanted from these sites and not only did they ignore it, they pretty much gave them the finger
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i'm pretty sure they made it clear that they just wanted to online poker finished with the UIGEA...
 
Black Thunder said:
would it not be so much easier for US government to legislate, regulate and tax.... their making money and everyone is happy then no??
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It will happen eventually once Uncle Sam sees how many $$$'s they can rake in, and Full Tilt and Co. have no other option but to fall into line if they want to continue in the long term.

how does this personally effect guys like ivey and lederer who are part owners of full tilt??
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I doubt it will affect Ivey as much as Lederer. You'll probably see Howard become a little more active on the felt in the immediate future after pretty much going into hibernation for the past 10 years.
 
Can't say i'm overly suprised as i generally we follow whatever America do. Not overly concerned short term as they've only just started talking about it, going to take a long time to take any action given the 3 or so years it took in the US. I will however will only be keeping the bare minimum only just in case.

It'll happen eventually, then they'll regulate it, tax it and it'll be legal in some way, shape or form. I'm giddy at the thought of Australian owned and run poker sites, advertising like crazy just as corporate bookmakers do.

I just hope they put a stop to all us criminals before somebody get hurt.
 
I don't know that they have any power to enforce it in Australia, since very few Australian companies or individuals are involved in the game - meaning there aren't very many prosecution targets. Australian charges issued against a company in Malta are not going to carry a lot of weight.
 

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****en hell that's massive.

was going to look to get back into some poker mid year but obviously with everything that has happened i've been keeping an eye on it.

had pretty much ruled out FTP anyway, but i don't think i'll even look as PS for the time being.
 
Holy crap. Where is PokerStars licenced, and will it happen to them as well? Stars is less shady, so I guess it might be safer. Party Poker is laughing hard right about now.
 
i wonder why FTP has been shut down world wide.

considering there were no issues with legality in europe...

from the outside looking in i can't understand why anyone running a poker client would want to even bother in doing shady business. it's look like it would be the ultimate money maker.
 
paxmaniac said:
Holy crap. Where is PokerStars licenced, and will it happen to them as well? Stars is less shady, so I guess it might be safer. Party Poker is laughing hard right about now.
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Stars are ok, they are based on Isle of Man and the body who license them have already released a statement the jist of which is that nothing has changed regarding the licensing of stars. I dont theyve given reasons why for suspending tilts license but my guess is that its do with the lost money US players money, and the fact that full tilts money wasnt segregated with that of players. Stars didnt have this problem cause Isle of Man Law forced them to segregate funds

http://www.pokerstrategy.com/news/w...Remains-Unchanged-PokerStars-Statement_48473/

The rumour doing the rounds now is that Full Tilt will be back up in the next day or so operating without a license. If this is true its not really good news because without amny licensing the big payment processors are going to steer clear; seems more like an act of deperation to me. Full Tiult look like thier in huge trouble. Moneybookers have also stopped serving tilt but that an unrelated matter apparently.
 
red+black said:
Yeah, FTP coming back within the month without a licence is not exactly positive news.
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Surely all that would achieve is 100000 poker players clicking "withdraw" simultaneously. If they can actually process withdrawals, that would be great. If they can't, it would be one of the dodgiest acts in the history of online poker (and that's up against some pretty stuff competition).
 
paxmaniac said:
Surely all that would achieve is 100000 poker players clicking "withdraw" simultaneously. If they can actually process withdrawals, that would be great. If they can't, it would be one of the dodgiest acts in the history of online poker (and that's up against some pretty stuff competition).
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i just couldn't imagine what is going through any poker players head to play knowing they can't cash out....
 
I just got my cheque from PokerStars so I would have no qualms going back to them if I began playing online again.

GL to anyone trying to get money from FT, but I dont like your chances with FTP now having effectively no revenue streams to raise the money.
 
isle of man just released a statement reaffirming poker stars license is still operating and they are complying with all laws relating to their license. they just aren't letting people in the US play online, but they have let US players cash their money.
 
Its in todays West, like page 30 odd

Gillard government has ordered a W.A led inquiry into online casino and poker websites specifically targetting those who parcel themself of as providing both services. I know the go to guy who they are pretty much going to base their inquiry on and I can guarantee you some sweeping changes will be made. Despite it being a state by state thing the current line of thinking is any recommendations provided by the inquiry will be expected to be uniformally accepted by all states
 
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