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Court probe into internet poker site (Full Tilt)
Financial Times ^ | April 5 2010 | By Joseph Menn

Posted on 04/05/2010 9:45:58 PM PDT by SubGeniusX

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1 posted on 04/05/2010 9:45:58 PM PDT by SubGeniusX
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To: SubGeniusX

Many of the lobbyists that pushed to outlaw Internet Gambling were working for the brick-and-mortar gaming industry. Others were advocates for the government, they didn’t like what they couldn’t tax.


2 posted on 04/05/2010 9:50:24 PM PDT by lmr (God punishes Conservatives by making them argue with fools.)
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To: frogjerk; fanfan; 1rudeboy

ping


3 posted on 04/05/2010 9:50:55 PM PDT by SubGeniusX (Rule #34...No Exceptions.)
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To: lmr

Liquor in the front.

Poker in the rear...


4 posted on 04/05/2010 9:52:06 PM PDT by freedumb2003 (Craven spirits wear their master's collars but real men would rather feed the battlefield's vultures)
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To: SubGeniusX

I didn’t even know about the existence of “professional poker players” in the same sense it would apply to, say, golfers. Do they get sponsors rather than gambling their own money?


5 posted on 04/05/2010 9:52:17 PM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: lmr

If there are really professional high rollers like this, it would be no obstacle for them to physically go to an offshore casino.


6 posted on 04/05/2010 9:53:26 PM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: HiTech RedNeck
I didn’t even know about the existence of “professional poker players” in the same sense it would apply to, say, golfers. Do they get sponsors rather than gambling their own money?

To get started, you use your own money. Once you get good, then the sponsors line up. Sponsors want their "employees" to advertise, and will line up professional poker players for most of the televised poker tournaments out there. Sponsorship may include flying the professional to the tournament, paying the entrance fee and paying for the initial stake, plus room and some food.

Not a lot, but better than going to a tournament on your own nickel.

7 posted on 04/05/2010 10:03:04 PM PDT by mlocher (USA is a sovereign nation)
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To: SubGeniusX

Full Tilt is my favorite poker site. I play on it at least several times a week. I guess Obama does not like that he can’t tax all of that money. What a bunch of ingrates! Gambling away your money rather than letting me have it.


8 posted on 04/05/2010 10:06:08 PM PDT by Bad Jack Bauer (Fat and Bald? I was BORN fat and bald, thank you very much!)
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To: HiTech RedNeck
yes there are sponsored pros, they often wear more patches than a NASCAR driver while on TV...

Hosted by imgur.com

9 posted on 04/05/2010 10:07:28 PM PDT by SubGeniusX (Rule #34...No Exceptions.)
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To: SubGeniusX
This crony capitalism being practiced by the Justice Department is actually the result of corrupt Republican politicians as well as Democrats.

This is actually a textbook example of fascism.
10 posted on 04/05/2010 10:11:29 PM PDT by microgood
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To: Bad Jack Bauer

Poker is a game of skill, not just chance. I’d think that after all this noise, the investigation will quietly go away.

That being so, there’s something about live poker that can’t be duplicated over a computer screen.


11 posted on 04/05/2010 10:11:32 PM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: Bad Jack Bauer

while it’s easy to throw darts at Obama for this one lets not forget that the UIGEA was tacked onto a Port Security Act by: Jim Leach, Jon Kyl, and Bill Frist....

Oddly, our best friend in this fight is Barney Frank in the senate.

Lobbying we do have Al D’Amato.


12 posted on 04/05/2010 10:17:17 PM PDT by SubGeniusX (Rule #34...No Exceptions.)
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To: microgood

see my post 12


13 posted on 04/05/2010 10:18:10 PM PDT by SubGeniusX (Rule #34...No Exceptions.)
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To: HiTech RedNeck

I do very well playing Texas Hold ‘em on the computer. At Vegas, not so much but I have done very well at the Blackjack tables. Good enough that I have gotten comped room upgrades, fight and show tickets, even loaded gift cards. All so I would stay and give the casino a chance to win their money back. I usually wind up blowing that money and coming back home just a few hundred bucks short.


14 posted on 04/05/2010 10:19:25 PM PDT by Bad Jack Bauer (Fat and Bald? I was BORN fat and bald, thank you very much!)
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Gambling and numbers rackets are now monopolies of the states.


15 posted on 04/05/2010 10:22:12 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: freedumb2003

“Liquor in the front.

Poker in the rear...”

That’s Awesome!


16 posted on 04/05/2010 10:25:57 PM PDT by Paddy Irish
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To: SubGeniusX

Oohh... Phil... the best poker player in the world (not!!)

A while back on Poker After Dark he pulled a Royal. But he’s not very good at betting, hell, I could have got the pot bigger than that!

They might have a hard time snagging Ferguson. Dudes got a PHD in mathematics and logic. As long as he might have a winning hand, he won’t fold....


17 posted on 04/05/2010 10:27:49 PM PDT by djf
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To: lmr
you forgot the Indian casinos...they don't want the competition....

its just a sham...an openly assinine made up law to protect the other gamling mobsters..

18 posted on 04/05/2010 10:46:45 PM PDT by cherry
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To: djf
texas holdem games don't require math degrees....anybody with any sense can easily figure out what cards are still out there.....you hold cards, you can see some cards, now let me think....duh....

infact, the tournements can be won by nobodies that don't follow the "rules" of betting.....all it takes is one aggressive player and he can beat the "professionals" who do everything on the odds, and not emotion....

19 posted on 04/05/2010 10:51:54 PM PDT by cherry
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To: SubGeniusX
FBI agents or prosecutors have spoken to at least two people involved in disputes with Full Tilt...

Hosted by imgur.com

Snitch?

20 posted on 04/05/2010 10:57:58 PM PDT by SubGeniusX (Rule #34...No Exceptions.)
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