BankrollMob Poker News

apr
20

2004 WSOP Champion on FOX Business

Tags: 2004 wsop, department of justice, fbi, fox business, greg raymer.
Posted on 20 April 2011 by "T".

Almost a week has now passed since F.B.I. and the Department of Justice closed down PokerStars, Full Tilt Poker and Absolute Poker due to suspicion of bank fraud, illegal gambling offenses and laundering millions billions in illegal gambling proceeds etc. Yesterday, the 2004 World Series of Poker Champion Greg Raymer went on Fox Business to discuss Friday's poker indictment.

According to him, the poker sites haven't broken any laws and also he believes that the Department of Justice and the F.B.I. have spent millions of dollars into their investigation leading up to this indictment.


« Poker News   /   Comment on this news »

Related Articles:

7 comments on "2004 WSOP Champion on FOX Business"


 Fakiry20/04/2011 15:00:16 GMT
I believe most professionals should agree with Greg way of seeing things, but (beating on the same key) is it just because of the taxes of the game itself that investigation is on, or is to try to see fake players doing business taking advantage of the possibilities of what an online poker room allows? Of course, someone who wanted to give money to other without transfering it in normal acounts, passing it through offshore acounts, can do that through online pokerrooms. And who wants to do that with big amounts of money, will not do it in a little room. Doing it in big rooms is totally unnoticed! LEts wait to see the results!

------------
I believe most professionals should agree with Greg way of seeing things, but (beating on the same key) is it just because of the taxes of the game itself that investigation is on, or is to try to see fake players doing business taking advantage of the possibilities of what an online poker room allows? Of course, someone who wanted to give money to other without transfering it in normal acounts, passing it through offshore acounts, can do that through online pokerrooms. And who wants to do that with big amounts of money, will not do it in a little room. Doing it in big rooms is totally unnoticed! LEts wait to see the results!
 BMWman20/04/2011 15:30:47 GMT
I think it's pretty funny how Greg got lucky once, and hasn't done anything since. Not 1 of the best in the world, as a matter of fact isn't even in the top 30 players in the world. They need to get the thoughts of "good players" not just him. Don't like him, never did. Way to many "better" players out there. Hell, most of the female pro's are better than he is.
Don't get mad at me for my opinion, I mean he really does suck at poker. Look at his lifetime winnings, most he has done is the WSOP 7 years ago. And only did it once. Greg Raymer sucks......................
 Macubaas20/04/2011 17:57:49 GMT
Of course WSOP is the biggest event in the poker world but my personal belief is that you also need to have a lot of luck to win a wsop title. Same deal was with Chris Moneymaker, he took the big title but since then he didn't had any other poker performances. Now back to Greg's interview i think he has some good points. I really agree that FBI and other us instiututions spent millions of dollars on their investigation so they need to come up with a result to justify their spent. I think everything will end after they'll get some billions of dollars from the banned sites and everything will go back to normal.
 GIOMi620/04/2011 21:14:42 GMT
I think that the department of Justice wouldn't spend millions of Tax payers dollars on a case, if they didn't know 100% certainty they will win the case against the online pokersites.
 SuperNoob20/04/2011 21:59:31 GMT
i dnt see fulltilt and pokerstars cleared of these charges.
thing is whether they can work out a deal to continue taking american players or give up the american market. but either way fbi will hav its way
 mazas21/04/2011 12:45:21 GMT
now the poker sites owner try to move all the known person on them side and also peoples from the goverment allso they want. to change some rules and all will be ok now all the pros and most off the winners off big tournaments trying to help for this big poker sites Smile
good luck and hope soon all will be good again
 chinasyndrom25/04/2011 03:40:48 GMT
The sites will probably just relocate to non U.S and disallow any U.S players if they cannot get it sorted, i can't see companies that big capitulating and paying out huge amounts they may pay a small amount to have the FBI save some face like 50 million or what ever a smallish amount would be to sites that big. 200 million even not sure what there profits are.

Write a comment:

You must be logged in, to comment on news...

Disclosure: BankrollMob may earn a commission based on the advertisement material on this site. #AD

© 2021 BankrollMob.com - All Rights Reserved CONTACT | ABOUT | PRIVACY & COOKIE POLICY | TERMS & CONDITIONS | NEWSLETTER | AFFILIATES | REPORT SPAM | ADVERTISING