The poker giant Full Tilt Poker is being investigated by a federal jury in Manhattan at the moment. The main owners of Full Tilt Poker, Howard Lederer and Chris Ferguson are 2 named persons in the investigation. They are accused of money-laundering and breaking the american gambling laws.
According to Nelson Rose, an author of books on gambling law, the government is trying to make example on Ho[...] Read more » Full Tilt under investigation
Joined: May '08
Location: Germany
Age: 59 (M)
Posts: 6786
This has had to happen. Now we will see if the construction of subfirms in the Full Tilt empire works as planed. I see a headline coming "Jesus behind bars"
Joined: May '08
Location: Germany
Age: 59 (M)
Posts: 6786
Posted by IslandJack: Care to explain shokaku?
As i see it the US wants to stop its people to play online and introduced the UIGEA law package. A lot of poker rooms responded and pullled out of the US market. (At that time Party was the biggest room) Stars and Full Tilt continued to offer games to US players and took over the top positions.
This investigation will show if the Full Tilt construction of its business (a company developing the software is based in the US, but the company offering the games is basen in the channel islands) falls under the US laws or not.
Its a shame if all online sites are removed from america. America being the home of big poker. That might change if players cant play from home and win there way into tournaments like the WSOP.
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
What is happening is the US is jamming a thumb up its citizens asses and telling them they can s**t when the govenment lets them, unlike the US to try and controll PPL. On the bright side now they can have the thumb removed for free.
As shokaku points out it does not fall under US law as its operated overseas. But they wil give up on that and go for the money laundering charges as they know all outher countries will have to comply. Funny how they can all have responsability to carry agun but not trusted to spend thier money as they wish.
Joined: Oct '09
Location: Spain
Age: 60 (M)
Posts: 2851
They can spend their money as long as the Government gets a cut, like in Vegas. The biggest gambling country in the world does not allow online gambling...
It's like so many states are FOR the death penalty, but AGAINST abortion (like with rape). You can take life and you can't take life.... Not expressing an opinion on these matters, just stating a contradiction in terms.
As to the gun thing, I think they see it as an extention of their dicks, no?
I used to live in the states a loooong time ago, by the way.
Joined: Feb '10
Location: Finland
Age: 38 (M)
Posts: 1248
Posted by IslandJack: They can spend their money as long as the Government gets a cut, like in Vegas. The biggest gambling country in the world does not allow online gambling...
Its because too much USA are floating abroad thru online poker.
I can see how the government could get their panties in a twist if they are losing out on taxes from winners. But i thought that internet poker was taxable. And it shouldn't be hard to track the big winners.
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
atleast this whole thing will end after this investigation is over either americans will be able to play or they wont be able to but it will be some time before the investigation is over till then all americans dont knw wht their future is gonna be
Clearly they just want to make an example out of FTP, i doubt that did anything that other rooms don't do. Someone always has to suffer when ever US wants to tell ppl don't "F" with us.
Joined: May '09
Location: Spain
Age: 49 (M)
Posts: 1331
WTF!!!!! FTP under investigation? who´s next? PS? Is a joke, the goverment of US wants to do an example with FTP..with the lots of things that the USA do really bad.
Joined: Apr '08
Location: Argentina
Age: 45 (M)
Posts: 748
i don't get this...are they really under US jurisdiction at all? I mean, they are running ops from outisde the US and last time I checked they were begin regulated by a Canadian gaming comission...so what have the US courts to do with them? I think this will go nowhere