Feds going after online poker sites

[djiddish98]

And yet, this activity is "regulated"

http://www.latimes.com/business/la-fi-amateur-currency-trading-20110403,0,588787.story

I think I can safely assume (can I?) that pro-sports are not involved in any sort of match fixing, so I can verify the authenticity of the outcome with my bet.

I cannot come close to saying the same with financial products.

 

[Herman]

BREAKING: USA PLAYERS BANNED ON POKERSTARS

We are sorry but, due to government regulations, playing real money ring games is not allowed in your area.

 

[Herman]

Wonder how screwed the pros with 6 figures in their accounts are?

Because USA Is taking down the processors too

 

[senco78]

oh shit, are sportsbooks next?

 

[stevek173]

I wish nothing but the best to my buddies with money online :(

 

[gregm]

And yet, this activity is "regulated"

http://www.latimes.com/business/la-fi-amateur-currency-trading-20110403,0,588787.story

I think I can safely assume (can I?) that pro-sports are not involved in any sort of match fixing, so I can verify the authenticity of the outcome with my bet.

I cannot come close to saying the same with financial products.

Great post! Its funny you posted this, I sold a house and even though I love stocks and watching them, I thought gambling would be an easier way to control my funds in a rather shaky time for the markets. Currency trading is booming and gambling is considered illegal? Forex trading anyone? LOL

 

[Oksana]

Even my cash is gone and I live in a safe zone here

Only deposited to FT to play with Bobby and Eggnog so I expect some sort of compensation here Yankee scammers.

 

[rito]

Wonder how screwed the pros with 6 figures in their accounts are?

Because USA Is taking down the processors too

p2p non-usa players

 

[Herman]

p2p non-usa players

they blocked that too

 

[Oksana]

Hah I can get back in.

Fuck you suckers

 

[Enogsiwon]

Even my cash is gone and I live in a safe zone here

Only deposited to FT to play with Bobby and Eggnog so I expect some sort of compensation here Yankee scammers.

Eggnog??

 

[SoV]

What are the chances of the companies folding?

 

[mrmarket]

You have to be pretty optimistic to get any grain of good news from this announcement. At best regulation will push forward.

I'm not American and I'm worried that money is going to be stuck in limbo since processors are getting hammered as part of indictment as well. I'm between a rock and a hard place. Do you withdraw now and possible have money stuck in some processor for months? Keep it at the book while new processors come into service but at loss FV of capital and risk of book folding? Very sad. Hopefully a list of processors involved surfaces so we know which landmine not to step on.

My condolences to you yanks because you're royally fucked for a bit.

 

[FairWarning]

I thought Obama was pro-poker?

 

[rito]

I thought Obama was pro-poker?

what does this have to do with obama?

 

[Acid Joe]

Just tried to log on to FT, and apparently there is new software. curious as to what will happen.

edit: they are still letting the US players play.

 

[roguejuror]

Surprise it took them this long.

 

[Acid Joe]

Thanks for keeping the neighbourhood safe