Posted on 04/20/2011 10:22:10 AM PDT by STARWISE
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.“
Prosecutors said the same agreement is open to Absolute Poker, the third company indicted last week, if it chooses to accept.
(Excerpt) Read more at chicagobreakingbusiness.com ...
I wonder if all that money is actually there. That should be interesting to watch.
Close down Vegas and Atlantic City or let people play on the internet.
How about we give everyone an internet service and a computer, then lock them in a basement with a feeding tube sitting on a toilet in front of a large screen?
Everyone can work from home, gamble from home, order things online, and the WHOLE WORLD will be at peace !
(/s)
All of these sites are regulated by their countries of origin, plus other countries where they licensed to operate.
Only in the U.S. is online poker considered sinful. Everywhere else they treat this as a legitimate (and taxable) business, same as Amazon and eBay.
But then, the rest of the world is still free.
No disputing that .. especially now, altho
it’s interesting to read about the sudden
softening of smoking rules for casinos in
IL
http://www.sj-r.com/archive/x1608503995/House-OKs-bill-to-allow-smoking-in-casinos
And I read they’re raising the cigarette tax another $1 a pack.
All the greedy cretins care about is the money ...
I wouldn’t be surprised to see a govt turnaround on online betting. There’s too much $$ they’re missing out on .. especially now.
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